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Financial Services and Markets Act 2000

Financial Services and Markets Act 2000 s 225

s 225 The scheme and the scheme operator.

(1) This Part provides for a scheme under which certain disputes may be resolved quickly and with minimum formality by an independent person. (2) The scheme is to be administered by a body corporate (“ the scheme operator ”). (3) The scheme is to be operated under a name chosen by the scheme operator but is referred to in this Act as “ the ombudsman scheme ”. (4) Schedule 17 makes provision in connection with the ombudsman scheme and the scheme operator.

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