C3C4 Part XVI The Ombudsman Scheme

Annotations:
Modifications etc. (not altering text)
C3

Pt. 16 applied (1.5.2009 for certain purposes and 1.11.2009 otherwise) by The Payment Services Regulations 2009 (S.I. 2009/209), regs. 1(2), 125 (with reg. 3)

Funding

234 Industry funding.

C1C21

For the purpose of funding—

a

the establishment of the ombudsman scheme (whenever any relevant expense is incurred), and

b

its operation in relation to the compulsory jurisdiction,

the F3FCA may make rules requiring the payment to it or to the scheme operator, by authorised persons or any class of authorised person F1, any electronic money issuer within the meaning of the Electronic Money Regulations 2011F2or any payment service provider within the meaning of the Payment Services Regulations 2009 of specified amounts (or amounts calculated in a specified way).

2

“Specified” means specified in the rules.

F4234AFunding by consumer credit licensees etc.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .