SCHEDULES

SCHEDULE 4REGULATION OF CLAIMS MANAGEMENT SERVICES: TRANSFER SCHEMES

PART 2TRANSFER OF PROPERTY AND STAFF FROM THE REGULATOR TO THE FCA

Modification of a transfer scheme

10

Subject to paragraph 11, the Secretary of State may, with the consent of the FCA, modify a transfer scheme.

11

A modification relating to a transfer that has taken effect may be made only with the agreement of the person (or persons) affected by the modification.

12

A modification takes effect from such date as the Secretary of State may specify, and that date may be the date when the original scheme came into effect.