Interpretation
9Interpretation
(1)For the purposes of this Part, in relation to an act mentioned in section 6(2), a regulator listed in the first column is the relevant regulator in relation to the regulated person listed in the corresponding entry in the second column.
| Regulator | Regulated person |
|---|---|
| The Financial Conduct Authority | An authorised person (within the meaning of the Financial Services and Markets Act 2000) of a description specified in regulations made by the Treasury |
| The Claims Management Regulator | A person authorised by the Regulator under section 5(1)(a) of the Compensation Act 2006 to provide regulated claims management services |
| The General Council of the Bar | A person authorised by the Council to carry on a reserved legal activity within the meaning of the Legal Services Act 2007 |
| The Law Society | A person authorised by the Society to carry on a reserved legal activity within the meaning of the Legal Services Act 2007 |
| The Chartered Institute of Legal Executives | A person authorised by the Institute to carry on a reserved legal activity within the meaning of the Legal Services Act 2007 |
| A licensing authority for the purposes of Part 5 of the Legal Services Act 2007 (alternative business structures) | A person who is— (a) licensed by the authority to carry on a reserved legal activity within the meaning of the Legal Services Act 2007, and (b) of a description specified in regulations made by the Lord Chancellor |
| A regulatory body specified for the purposes of this subsection in regulations made by the Lord Chancellor | A person of a description specified in the regulations in relation to the body |
(2)A statutory instrument containing regulations under subsection (1) is subject to negative resolution procedure.
(3)In this Part—
(a)a reference to making a claim against a person includes a reference to notifying a person of the basis of a claim;
(b)a reference to making a payment to a person includes a reference to conferring a benefit on a person or a third party.
(4)In this Part—
“benefit” means—
(a)any benefit, whether or not in money or other property and whether temporary or permanent, and
(b)any opportunity to obtain a benefit;
“claim” includes counter-claim;
“whiplash claim” has the meaning given by section 6(6).