The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013

Energy Act 2011U.K.

This section has no associated Explanatory Memorandum

17.—(1) The Energy Act 2011 M1 is amended as follows.

(2) In section 20 (power to modify energy supply licences to make provision as to consumer protection), for subsection (5) substitute—

(5) For the purpose of this section, references to the disapplied consumer protection legislation are to—

(a)the provisions of or made under the Consumer Credit Act 1974 or the Financial Services and Markets Act 2000 (“the 2000 Act”), and

(b)any rules made under the 2000 Act,

which would apply but for any exemption conferred by an order under section 22 of the 2000 Act (regulated activities) in relation to debts due under a green deal plan associated with the licensee.

(6) A green deal plan is associated with a licensee if the payments under the plan are to be made to the licensee..

(3) Omit sections 25 and 26 (exemptions from Consumer Credit Act 1974).

(4) In section 30 (power to amend Consumer Credit Act 1974)—

(a)in subsection (1), after “Consumer Credit Act 1974” insert “ , the Financial Services and Markets Act 2000 and any statutory instrument made under that Act ”;

(b)in subsection (2)(a), for “Office of Fair Trading” substitute “ Financial Conduct Authority ”.

Marginal Citations