The Financial Services and Markets Act 2000 (Transitional Provisions) (Complaints Relating to General Insurance and Mortgages) (Amendment) Order 2004

• Citation: S.I. 2004/1609
• Sections: 6

Section 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) (Amendment) Order 2004.

(2) This Order comes into force on 15th July 2004.

(3) In this Order, “the principal Order ” means the Financial Services and Markets Act 2000 (Transitional Provisions) (Complaints Relating to General Insurance and Mortgages) Order 2004 .

Section 2 Amendments to the principal Order

(1) Article 1(3) of the principal Order is amended as follows.

(2) In the definition of “new scheme”, for “(the ombudsman service)” substitute “(the ombudsman scheme)”.

(3) In the definition of “relevant commencement date”, omit “the beginning of” from paragraphs (a) and (b).

Section 3 Amendments to the principal Order

(1) Article 2(1) of the principal Order is amended as follows.

(2) Insert “on or” before “after the relevant commencement date”.

Section 4 Amendments to the principal Order

Article 10 of the principal Order is revoked.

Section 5 Amendments to the principal Order

(1) Article 11(5) of the principal Order is amended as follows.

(2) For “after commencement” substitute “on or after the relevant commencement date”.

Section 6 Insertion of article 12 of the principal Order

After article 11 of the principal Order, insert—

Application of rules etc. in relation to relevant matters

(12)

(1) If the Authority proposes to make any rules or give guidance in relation to relevant matters, sections 155 and 157(3) of the Act do not apply to the proposed rules or guidance.

(2) When the scheme operator proposes to make any scheme rules in relation to relevant matters, sub-paragraphs (4) to (6) of paragraph 14 of Schedule 17 to the Act do not apply to the proposed rules.

(3) In this article, “relevant matters” means—

(a) the effect of this Order;

(b) the application of rules or guidance made or to be made before the relevant commencement date relating to relevant transitional complaints.