Part 4Financial Services Compensation Scheme
177Payments in error
After section 223B of the Financial Services and Markets Act 2000 (borrowing from National Loans Fund – inserted by section 173 above) insert—
223CPayments in error
1
Payments made by the scheme manager in error may be provided for in setting a levy by virtue of section 213, 214A, 214B or 223B.
2
This section does not apply to payments made in bad faith.