Application of provisions of the Act to the FCA in respect of its supervision of consumer buy-to-let mortgage firmsU.K.
This section has no associated Explanatory Memorandum
25. The functions of the FCA under this Order are to be treated as functions conferred on the FCA under the Act for the purposes of—
(a)paragraph 23 (fees) of Schedule 1ZA to the Act M1, and
(b)paragraph 25 (exemption from liability in damages) of Schedule 1ZA to the Act M2.
Marginal Citations
M1Paragraph 23 was amended by paragraph 7 of Schedule 8 and paragraph 4 of Schedule 10 to the Financial Services (Banking Reform) Act 2013 (c. 33) and by S.I. 2013/1773.
M2Paragraph 25 was amended by section 109 of the Financial Services (Banking Reform) Act 2013.