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The Financial Services and Markets Act 2000 (Transitional Provisions) (Complaints Relating to General Insurance and Mortgages) Order 2004
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- UK Statutory Instruments
- 2004 No. 454
- Article 6
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Funding and fees
6.—(1) In section 234(1) of the Act (industry funding), the reference to the operation of the new scheme in relation to the compulsory jurisdiction is to be taken to include the operation of the scheme in relation to relevant transitional complaints.
(2) In paragraph 15 of Schedule 17 to the Act (fees), the references to a complaint are to be taken to include a relevant transitional complaint.
(3) Any fee which, by reason of paragraph (2), is owed to the scheme operator by a respondent who is not an authorised person, may be recovered as a debt due to the scheme operator.
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