Paragraph 12 I1I2

After section 234A insert—

“Successors to businesses

Transfers of liability

234B

(1)

This section applies where a person (the “successor”) has assumed a liability (including a contingent one) of a person (the “predecessor”) who was, or (apart from this section) would have been, the respondent in respect of a complaint falling to be dealt with under the ombudsman scheme.

(2)

The complaint may (but need not) be dealt with under this Part as if the successor were the respondent.”