FSMA 2000 is amended as follows.
In section 429 (Parliamentary control of statutory instruments), in subsection (2B) after paragraph (c) insert—
(d)provision made under paragraph 15(3) of Schedule 17.
Paragraph 15 of Schedule 17 (the Ombudsman scheme: power of scheme operator to charge fees) is amended as set out in subsections (4) and (5).
In sub-paragraph (1) after “respondent” insert .“or other persons of a specified description”
After sub-paragraph (2) insert—
(3)The reference in sub-paragraph (1) to persons of a specified description is a reference to such descriptions of persons as may be specified in regulations made by the Treasury. (4) The power conferred by sub-paragraph (3) to specify descriptions of persons may not be exercised so as to provide for eligible complainants to fall within a specified description of persons. (5) The reference in sub-paragraph (4) to “eligible complainants” is a reference to complainants who are eligible in relation to the compulsory or voluntary jurisdiction of the ombudsman scheme (see section 226(6) and 227(7)). (6) Before making regulations under sub-paragraph (3) the Treasury must consult the scheme operator.