Statutory Instruments
Financial Services
Consumer Protection
Made
28th March 2019
The Treasury, with the consent of the Lord Chancellor for the commencement of section 33 of the Financial Guidance and Claims Act 2018(1), make the following Regulations in the exercise of the powers conferred by section 37(5), (9)(b)(ii) and (10) of that Act.
1. These Regulations may be cited as the Financial Guidance and Claims Act 2018 (Commencement No. 6) Regulations 2019.
2. The following provisions of the Financial Guidance and Claims Act 2018 come into force on the day after the day on which these Regulations are made—
(a)section 28 (power of FCA to make rules restricting charges for claims management services);
(b)section 33 (legal services regulators’ rules: charges for claims management services); and
(c)section 34 (extension of power of the Law Society of Scotland to make rules).
I consent
David Gauke
Lord Chancellor
Ministry of Justice
28th March 2019
Rebecca Harris
Mike Freer
Two of the Lords Commissioners of Her Majesty’s Treasury
28th March 2019
(This note is not part of the Regulations)
Regulation 2 of these Regulations commences sections 28, 33 and 34 of the Financial Guidance and Claims Act 2018 (c.10) on the day after the day on which these Regulations are made.
The Lord Chancellor’s consent was required to commence section 33 in accordance with section 37(10) of the Financial Guidance and Claims Act 2018.
A full impact assessment has not been produced for these Regulations as they have no, or no significant, impact on the costs of business or the voluntary sector. A full impact assessment has been produced in relation to the provisions of the Financial Guidance and Claims Act 2018 (c. 10), including the provisions that are commenced by these Regulations, and a copy is available at https://publications.parliament.uk/pa/bills/lbill/2017-2019/0001/financial-guidance-and-claims-IA1.pdf. A hard copy of this impact assessment can be obtained from HM Treasury, 1 Horse Guards Road, London, SW1A 2HQ.
(This note is not part of the Regulations)
The following provisions of the Financial Guidance and Claims Act 2018 (c.10) have been brought into force by commencement regulations made before the date of these Regulations:
| Provision | Date of Commencement | S.I. No. |
|---|---|---|
| Section 1(1) to (5) and (7) | 1st October 2018 | 2018/1029 |
| Section 2 | 1st October 2018 | 2018/1029 |
| Section 3(1)(a) to (c), (4) to (7) and (9) (for specified purposes) | 1st October 2018 | 2018/1029 |
| Section 3(1), (4) to (7) and (9) (for all remaining purposes) | 1st January 2019 | 2018/1330 |
| Section 3(2) and (3) | 1st October 2018 | 2018/1029 |
| Section 3(8) and (10) | 1st January 2019 | 2018/1330 |
| Section 4 | 1st January 2019 | 2018/1330 |
| Section 5 | 1st January 2019 | 2018/1330 |
| Section 6 | 1st October 2018 | 2018/1029 |
| Section 7 | 1st October 2018 | 2018/1029 |
| Section 8 | 1st October 2018 | 2018/1029 |
| Section 9 | 1st October 2018 | 2018/1029 |
| Section 10 | 1st January 2019 | 2018/1330 |
| Section 11(2) | 1st October 2018 | 2018/1029 |
| Section 14 | 1st October 2018 | 2018/1003 |
| Section 15 | 1st October 2018 | 2018/1029 |
| Section 16 | 1st October 2018 | 2018/1029 |
| Section 17(1) to (3), (6)(a), (7) and (8) | 1st October 2018 | 2018/1029 |
| Section 17(4), (5) and (6)(b) | 1st January 2019 | 2018/1330 |
| Section 18(1) (for specified purposes) | 1st January 2019 | 2018/1330 |
| Section 18(7) | 1st January 2019 | 2018/1330 |
| Section 20 | 1st January 2019 | 2018/1003 |
| Section 23 | 1st October 2018 | 2018/1029 |
| Section 24 | 1st October 2018 | 2018/1029 |
| Section 26 | 1st October 2018 | 2018/1029 |
| Section 27(1) to (14) | 6th October 2018 | 2018/1045 |
| Section 35 | 8th September 2018 | 2018/987 |
| Schedule 1 | 1st October 2018 | 2018/1029 |
| Schedule 2 | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 1 | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 2 | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 3 | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 4 | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 6 | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 7 | 1st January 2019 | 2018/1330 |
| Schedule 3 paragraph 9 and 10 | 1st January 2019 | 2018/1330 |
| Schedule 3 paragraph 11 | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 13(b) and (d) | 1st January 2019 | 2018/1330 |
| Schedule 3 paragraph 13(c) | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 14(2)(c) and (3)(c) | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraphs 16 to 20 | 1st January 2019 | 2018/1330 |
| Schedule 3 paragraph 21(2)(b), (3)(b), (5)(a)(ii) and 5(b)(iv) | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 21(2)(a) and (c), 3(a), (4), (5)(a)(iii), (5)(b)(i) and (ii) and 30(b) | 1st January 2019 | 2018/1330 |
| Schedule 3 paragraph 23 | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 24 | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 28 | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 30(a) and (c) | 1st October 2018 | 2018/1029 |
| Schedule 3 paragraph 31 and 32 | 1st January 2019 | 2018/1330 |
| Schedule 4 | 6th October 2018 | 2018/1045 |