(1)Proceedings arising out of any act or omission (or proposed act or omission) of—
(a)the Authority,
F1(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c)the scheme manager, or
(d)the scheme operator,
in the discharge or purported discharge of any of its functions under this Act may be brought before the High Court or the Court of Session.
(2)The jurisdiction conferred by subsection (1) is in addition to any other jurisdiction exercisable by those courts.
Textual Amendments
F1S. 415(1)(b) omitted (24.1.2013 for specified purposes) by virtue of Financial Services Act 2012 (c. 21), ss. 16(14)(j), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3
Modifications etc. (not altering text)
C1S. 415 applied (1.12.2001) by S.I. 1995/1537, reg. 23(2) (as amended (1.12.2001) by S.I. 2001/3649, arts. 1, 509(c))
C2S. 415 modified (17.8.2001) by S.I. 2001/2617, arts. 2(a), 4(3), 8, Sch. 2 para. 8