Actions for damagesU.K.
This section has no associated Explanatory Memorandum
13.—(1) A contravention of a provision in Part 2 or 3 is actionable at the suit of a private person who suffers loss as a result of the contravention, subject to the defences and other incidents applying to actions for breach of statutory duty.
(2) A “private person” is a person who is a private person within regulation 3(1) of the Financial Services and Markets Act 2000 (Rights of Action) Regulations 2001 M1.
Marginal Citations
M1S.I. 2001/2256, amended by S.I. 2002/1775.