# Financial Services and Markets Act 2000, Section 234: Industry funding.

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

(1) For the purpose of funding—
(a) the establishment of the ombudsman scheme (whenever any relevant expense is incurred), and
(b) its operation in relation to the compulsory jurisdiction,
the FCA may make rules requiring the payment to it or to the scheme operator, by authorised persons or any class of authorised person , any electronic money issuer within the meaning of the Electronic Money Regulations 2011or any payment service provider within the meaning of the Payment Services Regulations 2017 of specified amounts (or amounts calculated in a specified way).
(2) “Specified” means specified in the rules.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/234 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-234
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.