Regulation 3 Amendments of the Financial Services and Markets Act 2000I1

(1)

In the Financial Services and Markets Act 2000 M1, Schedule 17 (the ombudsman scheme) is amended as follows.

(2)

In Part 1, in paragraph 1—

(a)

omit the definition of “ADR Directive”;

(b)

in the definition of “ADR entity”, for the words from “any” to the end substitute “ a person whose name appears on a list maintained in accordance with regulation 10 of the Alternative Dispute Resolution for Consumer Disputes (Competent Authorities and Information) Regulations 2015 M2 ”.

(3)

In Part 2, in paragraph 2(2), for “quality requirements in Chapter II of the ADR Directive” substitute “ requirements in Schedule 3 to the Alternative Dispute Resolution for Consumer Disputes (Competent Authorities and Information) Regulations 2015 ”.

(4)

In Part 3, in paragraph 14(3A), for “quality requirements in Chapter II of the ADR Directive” substitute “ requirements in Schedule 3 to the Alternative Dispute Resolution for Consumer Disputes (Competent Authorities and Information) Regulations 2015 ”.

Annotations

Marginal citations

M1: 2000 c.8.
M2: S.I. 2015/542.

Commencement

I1: Reg. 3 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)