- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (25/03/2015)
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The Mortgage Credit Directive Order 2015
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Point in time view as at 25/03/2015. This version of this provision has been superseded.
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There are currently no known outstanding effects for the The Mortgage Credit Directive Order 2015, Section 26.
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Extension of the compulsory jurisdiction of the Financial Ombudsman Scheme to registered consumer buy-to-let mortgage firmsU.K.
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Memorandwm Esboniadol
26.—(1) Part 16 (the Ombudsman Scheme) of the 2000 Act applies in respect of a complaint relating to the act or omission of a registered consumer buy-to-let mortgage firm as if—
(a)in section 226(2)(b) of that Act (compulsory jurisdiction) M1, after “Payment Services Regulations 2009,” there were inserted “ a registered consumer buy-to-let mortgage firm within the meaning of Part 3 of the Mortgage Credit Directive Order 2015, ”;
(b)in section 232A of that Act (scheme operator's duty to provide information to FCA) M2, after “FCA's operational objectives” there were inserted “ , or which might otherwise be of assistance to the FCA for the purposes of discharging any of the FCA's functions under Part 3 of the Mortgage Credit Directive Order 2015, ”;
(c)in section 234 of that Act (industry funding) M3, after “any electronic money issuer within the meaning of the Electronic Money Regulations 2011” there were inserted “ , any registered consumer buy-to-let mortgage firm within the meaning of Part 3 of the Mortgage Credit Directive Order 2015 ”;
(d)in paragraph 13(4) of Schedule 17 to that Act (FCA's procedural rules) M4, after “an electronic money issuer within the meaning of the Electronic Money Regulations 2011,” there were inserted “ a registered consumer buy-to-let mortgage firm within the meaning of the Mortgage Credit Directive Order 2015, ”.
Marginal Citations
M1Section 226 was amended by paragraph 1 of Schedule 11 to the Financial Services Act 2012 and by S.I. 2009/209 and 2011/99.
M2Section 232A was inserted by paragraph 9 of Schedule 11 to the Financial Services Act 2012.
M3Section 234 was amended by paragraph 10 of Schedule 11 to the Financial Services Act 2012 and by S.I. 2009/209 and 2011/99.
M4Paragraph 13 was amended by paragraphs 13 and 24 of Schedule 11 to the Financial Services Act 2012 and by S.I. 2009/209 and 2011/99.
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