# The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order 2023, Paragraph 12: Modification to section 138D (actions for damages)


Section 138D (actions for damages) applies as if—
(a) in subsection (2), for “an authorised person” there was substituted “a registered person”;
(b) in subsection (4), “(1) or” was omitted;
(c) subsection (5) was omitted;
(d) “(and so the contravention by an authorised person of a rule is actionable at the suit of a person who falls within that definition and who suffers loss as a result of that contravention)” was omitted from regulation 6 (rules) of the Financial Services and Markets Act 2000 (Rights of Action) Regulations 2001.

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Source: https://www.legislation.gov.uk/ukdsi/2023/9780348246490/schedule/paragraph/12 (the official version)
Page: https://openlegislation.uk/draft-financial-services-and-markets-act-2000-financial-promotion-amendment-order-2023/schedule/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

