SCHEDULES

SCHEDULE 4REGULATION OF CLAIMS MANAGEMENT SERVICES: TRANSFER SCHEMES

PART 3TRANSFER OF PROPERTY AND STAFF FROM THE OLC TO THE FOS

Power of Lord Chancellor to make transfer schemes

I116

Paragraph 17 applies if the OLC fails to make a scheme under paragraph 13 in circumstances where the Lord Chancellor considers that it is necessary for such a scheme to be made.

I217

The Lord Chancellor may, with the approval of the Treasury, the OLC, the FOS and the FCA, make a scheme for the transfer of property, rights and liabilities of the OLC to the FOS.