{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-fourth-motor-insurance-directive-regulations-2002/regulation-3",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-fourth-motor-insurance-directive-regulations-2002/regulation-3.json",
  "legislation": "uksi/2002/2706",
  "legislation_title": "The Financial Services and Markets Act 2000 (Fourth Motor Insurance Directive) Regulations 2002",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-fourth-motor-insurance-directive-regulations-2002",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Rights of action",
  "text": "In regulation 6 of the Financial Services and Markets Act 2000 (Rights of Action) Regulations 2001 (cases in which contravention of a rule is actionable at the suit of a person who is not a private person)—\n(a) after paragraph (3)(c) insert—\n“(d) the rule that has been contravened requires a relevant authorised person to respond to a claim for compensation within a specified time limit, or to pay interest in specified circumstances in respect of any such claim.”;\nand\n(b) for paragraph (4) substitute—\n“(4) In this regulation—\n(a) “relevant authorised person” means an authorised person with a Part IV permission—\n(i) to effect or to carry out relevant contracts of insurance; or\n(ii) to manage the underwriting capacity of a Lloyd’s syndicate as a managing agent, the members of which effect or carry out relevant contracts of insurance underwritten at Lloyd’s;\nwhere a “relevant contract of insurance” means a contract of insurance against damage arising out of or in connection with the use of motor vehicles on land (other than carrier’s liability);\n(b) “rule” has the meaning given by section 150(4) of the Act; and\n(c) “specified” means specified in rules.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "S.I. 2001/2256."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2002/2706/regulation/3",
    "retrieved_at": "2026-10-29T06:41:15.525078+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."
}