Regulation 9 Reasonable and proportionate limitations on liabilityI1
United Kingdom
For the purposes of Article 35a(3)—
(a)
a limitation on liability is allowed by the law of the United Kingdom; and
(b)
“reasonable and proportionate” means the limitation on liability is reasonable and proportionate in all the relevant circumstances of the case, having regard to such of the factors in regulations 10, 11 and 12 as the court considers relevant.
Annotations
Commencement
- I1
Reg. 9 in force at 25.7.2013, see reg. 1
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 18) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(v)