{
  "url": "https://openlegislation.uk/consumer-composite-investments-designated-activities-regulations-2024/regulation-9",
  "json_url": "https://openlegislation.uk/consumer-composite-investments-designated-activities-regulations-2024/regulation-9.json",
  "legislation": "uksi/2024/1198",
  "legislation_title": "The Consumer Composite Investments (Designated Activities) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/consumer-composite-investments-designated-activities-regulations-2024",
  "path": "regulation/9",
  "kind": "regulation",
  "number": "9",
  "heading": "Civil liability for breaches of designated activity rules",
  "text": "(1) A contravention of a designated activity rule made by virtue of regulation 6 is actionable at the suit of a retail investor who suffers loss as a result of the contravention, subject to the defences and other incidents applying to actions for breach of statutory duty.\n(2) If designated activity rules made by virtue of regulation 6 so provide, paragraph (1) does not apply to a contravention of a specified provision of the rules.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 9 in force at 22.11.2024 for specified purposes, see reg. 2(1)(c)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Reg. 9 in force at 6.4.2026 in so far as not already in force, see reg. 2(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/1198/regulation/9",
    "retrieved_at": "2026-10-28T21:23:58.259425+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}