# Financial Services and Markets Act 2000, Paragraph 19

Extent: E+W+S+N.I.

(1) The scheme operator may make arrangements with a relevant body—
(a) for the exercise by that body of any part of the voluntary jurisdiction of the ombudsman scheme on behalf of the scheme; or
(b) for the exercise by the scheme of any function of that body as if it were part of the voluntary jurisdiction of the scheme.
(2) A “relevant body” is one which the scheme operator is satisfied—
(a) is responsible for the operation of a broadly comparable scheme (whether or not established by statute) for the resolution of disputes; and
(b) in the case of arrangements under sub-paragraph (1)(a), will exercise the jurisdiction in question in a way compatible with the requirements imposed by or under this Act in relation to complaints of the kind concerned.
(3) Such arrangements require the approval of the FCA.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/schedule/17/paragraph/19 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/schedule-17/paragraph-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.