1 Citation, commencement and interpretation
1 This Order may be cited as the Financial Services and Markets Act 2000 (Transitional Provisions) (Complaints Relating to General Insurance and Mortgages) Order 2004.
2 This Order comes into force—
(a) in so far as it relates to a complaint relating to an activity to which, immediately before 31st October 2004, the MCAS Scheme applied, on 31st October 2004;
(b) for all other purposes, on 14th January 2005.
3 In this Order—
“the Act” means the Financial Services and Markets Act 2000;
“former scheme” means the GISC Facility or, as the case may be, the MCAS Scheme;
“GISC Facility” means the Dispute Resolution Facility established by the General Insurance Standards Council;
“MCAS Scheme” means the Mortgage Code Arbitration Scheme;
“new scheme” means the ombudsman scheme provided for by Part 16 of the Act (the ombudsman service);
“relevant commencement date” means—
(a) in relation to a complaint which relates to an activity to which, immediately before 14th January 2005, the GISC Facility applied, the beginning of 14th January 2005;
(b) in relation to a complaint which relates to an activity to which, immediately before 31st October 2004, the MCAS Scheme applied, the beginning of 31st October 2004.