The Financial Services and Markets Act 2000 (Claims Management Activity) Order 2018

Decision notices

This section has no associated Explanatory Memorandum

62.  In relation to any notice given by the Regulator to a person which, by virtue of this Chapter, is to be treated as a decision notice given under the 2000 Act—

(a)it is immaterial that the notice does not meet the requirements specified in subsection (1)(b) to (e) of section 388 of that Act (decision notices); and

(b)that section is to be read as if—

(i)subsection (2) were omitted;

(ii)in subsection (3) the words from “which relates” to the end were omitted;

(iii)for subsections (4) and (5) there were substituted—

(4) A further decision notice given under subsection (3) may vary the original notice.

(5) If the person to whom a decision notice is given under subsection (3) had the right to refer the matter to which the original decision notice related to the First-tier Tribunal under section 13 of the Compensation Act 2006, that person has the right to refer the matter to which the decision notice under subsection (3) relates to the Tribunal..