Regulation 121 FCA's exemption from liability in damagesC1
United Kingdom
The functions of the FCA under these Regulations are to be treated for the purposes of paragraph 25 (exemption from liability in damages) of Part 4 of Schedule 1ZA to the 2000 Act M1 as functions conferred on the FCA under that Act.
Annotations
Marginal citations
- M1
Paragraph 25 was amended by section 109 of the Financial Services (Banking Reform) Act 2013.
Modifications
- C1
Reg. 121 modified by S.I. 2018/1201, reg. 38(2) (as inserted (1.3.2019) by The Financial Services Contracts (Transitional and Saving Provision) (EU Exit) Regulations 2019 (S.I. 2019/405), regs. 1(2), 10(3))
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 158) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xix)