C1C2Part XVI The Ombudsman Scheme

Annotations:
Modifications etc. (not altering text)
C1

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)

The scheme

225 The scheme and the scheme operator.

1

This Part provides for a scheme under which certain disputes may be resolved quickly and with minimum formality by an independent person.

2

The scheme is to be administered by a body corporate (“the scheme operator”).

3

The scheme is to be operated under a name chosen by the scheme operator but is referred to in this Act as “the ombudsman scheme”.

4

Schedule 17 makes provision in connection with the ombudsman scheme and the scheme operator.