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Financial Services and Markets Act 2023

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Changes over time for: Paragraph 9

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Insurance distribution activitiesE+W+S

This section has no associated Explanatory Notes

9After section 11F (inserted by paragraph 8) insert—

11GInsurance distribution activities

If the objects of a credit union include the optional object specified in section 1(3ZZA), it may (subject to such terms as the rules of the credit union may provide)—

(a)carry on an insurance distribution activity which constitutes or involves the provision of a service to a member, and

(b)charge such fee as it considers appropriate for providing the service.

Commencement Information

I1Sch. 14 para. 9 not in force at Royal Assent, see s. 86(3)

I2Sch. 14 para. 9 in force at 29.8.2023 by S.I. 2023/779, reg. 4(eee)

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