The Electronic Commerce Directive (Financial Services and Markets) Regulations 2002

• Citation: S.I. 2002/1775
• Sections: 22

Section 1 Citation and commencement

These Regulations may be cited as the Electronic Commerce Directive (Financial Services and Markets) Regulations 2002, and come into force—

(a) for the purpose of enabling the Authority to make rules, on 18th July 2002;

(b) otherwise, on 21st August 2002.

Section 2 Interpretation

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Section 3 Consumer contract requirements: modification of rule-making power

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Section 4 Consumer contract requirements: information

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Section 5 Application of certain rules

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Section 6 Direction by Authority

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Section 7 Policy conditions

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Section 8 Procedural conditions

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Section 9 Urgent cases

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Section 10 Directions made under regulation 6

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Section 11 Referral to the Upper Tribunal

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Section 11A Scope of this Part

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Section 11B Direction by Authority

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Section 11C Article 72A of the Regulated Activities Order

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Section 12 Application of certain provisions of the 2000 Act

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Section 13 Amendment of sections 417 and 418 of the 2000 Act

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Section 14 Disclosure of information

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Section 15 Notices

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Section 16 Amendment of the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001

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Section 17 Functions of the Authority

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Section 18 Rights of action

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Section 19 Exclusion of general regulations

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(2) Regulation 4(3) of the general regulations does not apply to the Authority or any enforcement authority in respect of its responsibility in relation to a requirement imposed by or under the 2000 Act or these Regulations.

(2A) Regulation 4(3) of the general regulations also does not apply to the Authority in respect of its responsibility in relation to a requirement imposed by or under regulations made by the Treasury under section 8 of the European Union (Withdrawal) Act 2018.

(3) A rule that corresponds to a relevant regulation applies instead of that regulation.

(4) The reference in regulation 22(a) of the general regulations to regulation 6(1)(c) of those regulations is to be taken to include a reference to a provision in a rule that corresponds to regulation 6(1)(c) (and so applies in its stead by virtue of paragraph (3)).

(5) In this regulation—

“ the Authority ” means the Financial Conduct Authority;

“enforcement authority” has the same meaning as in the general regulations;

“general regulations” means the Electronic Commerce ( EC Directive) Regulations 2002;

“ rule ” means a rule made by the Authority under the 2000 Act.

“relevant regulation” means regulation 6 to 9, 11 or 15 of the general regulations.