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				<dc:identifier>http://www.legislation.gov.uk/ukpga/2006/14/section/61/notes</dc:identifier><dc:subject>Credit licences</dc:subject><dc:subject>Money lenders</dc:subject><dc:subject>Debt advice services</dc:subject><dc:subject>Business practice and regulation</dc:subject><dc:subject>Legislation</dc:subject><dc:title>Explanatory Notes to Consumer Credit Act 2006</dc:title><dc:creator>Department for Trade and Industry</dc:creator><dc:publisher>King's Printer of Acts of Parliament</dc:publisher><dc:modified>2018-08-30</dc:modified>
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</ukm:DocumentClassification><ukm:Year Value="2006"/><ukm:Number Value="14"/><ukm:ISBN Value="0106414069"/></ukm:ENmetadata>
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<Title><Citation URI="http://www.legislation.gov.uk/id/ukpga/2006/14" id="c00001" Class="UnitedKingdomPublicGeneralAct" Year="2006" Number="0014">Consumer Credit Act 2006</Citation></Title>
<Number>14</Number>
<DateOfEnactment>
<DateText>30 March 2006</DateText>
</DateOfEnactment>
</ENprelims><Body><Division id="d00018" DocumentURI="http://www.legislation.gov.uk/ukpga/2006/14/notes/division/17" IdURI="http://www.legislation.gov.uk/id/ukpga/2006/14/notes/division/17"><Title>Ombudsman Scheme</Title><CommentaryP1 id="n00059" DocumentURI="http://www.legislation.gov.uk/ukpga/2006/14/notes/division/17/3" IdURI="http://www.legislation.gov.uk/id/ukpga/2006/14/notes/division/17/3">
<Title><CitationSubRef id="c00260" URI="http://www.legislation.gov.uk/id/ukpga/2006/14/section/61" CitationRef="c00001" SectionRef="section-61">Section 61</CitationSubRef>: Consequential amendments relating to ombudsman scheme</Title>
<NumberedPara id="paragraph-103" DocumentURI="http://www.legislation.gov.uk/ukpga/2006/14/notes/paragraph/103" IdURI="http://www.legislation.gov.uk/id/ukpga/2006/14/notes/paragraph/103"><Pnumber>103</Pnumber><Para>
<Text><Emphasis><CitationSubRef id="c00262" URI="http://www.legislation.gov.uk/id/ukpga/2006/14/section/61" CitationRef="c00001" SectionRef="section-61">Section 61</CitationSubRef></Emphasis> makes consequential amendments to the <Abbreviation Expansion="Consumer Credit Act 1974 c. 39">1974 Act</Abbreviation> and FSMA in relation to the ombudsman scheme, including inserting reference to the consumer credit jurisdiction where appropriate.  Section 229 of FSMA is amended to allow FOS to specify a maximum limit for compensation that can be awarded under the consumer credit jurisdiction.  Section 353 of FSMA, which relates to powers to allow the disclosure of information, is amended to allow the Ombudsman to disclose information about cases and decisions to <Acronym Expansion="Office of Fair Trading">OFT</Acronym> to assist or enable OFT to discharge its licensing functions under the 1974 Act.</Text>
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