SCHEDULE 3Consequential amendments to secondary legislation
Bradford & Bingley plc Compensation Scheme Order 2008176
In the Schedule to the Bradford & Bingley plc Compensation Scheme Order 2008101 (the Bradford & Bingley plc compensation scheme)—
a
in paragraph 2 (interpretation) omit the definition of “the Tribunal”;
b
in paragraph 12 and the heading (right to refer to the Tribunal) for “Tribunal” substitute “Upper Tribunal”;
c
in paragraph 13(2)(b) (payment of compensation) for “Tribunal” substitute “Upper Tribunal”;
d
in the heading of Part 5 (references to the Tribunal) for “Tribunal” substitute “Upper Tribunal”;
e
for paragraph 14 (application of the Financial Services and Markets Act 2000) substitute—
Application of FSMA 200014
The provisions of Part 9 (hearing and appeals) of FSMA 2000 shall apply in respect of any reference made under paragraph 12, subject to the modifications set out in this Part.
f
for paragraph 15 substitute—
15
Part 9 of FSMA 2000 is modified as follows.
g
omit paragraph 16;
h
in paragraph 17—
i
omit sub-paragraph (i);
ii
in sub-paragraph (ii) for “(4)” in both places substitute “(5)”; and
iii
for sub-paragraph (iii) substitute—
iii
omit subsection (6).
i
in paragraph 18 after “sections” insert “133A and”; and
j
omit paragraphs 19 to 27 and the preceding heading (modification of Financial Services and Markets Tribunal Rules 2001).