The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2021

Exemption from liability in damages

This section has no associated Explanatory Memorandum

11.  Paragraph 10(1) of Schedule 17 to the Act (exemption from liability in damages) applies to the discharge, or purported discharge, of any functions by virtue of this Part in relation to dealing with a relevant complaint (“relevant functions”), and is to be read for those purposes as if—

(a)the reference to functions under the Act included a reference to relevant functions; and

(b)the reference to “the compulsory jurisdiction” included a reference to the jurisdiction of the new scheme which results from this Part.