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Statutory Instruments

2007 No. 383

financial Services and markets

The Financial Services and Markets Act 2000 (Ombudsman Scheme) (Consumer Credit Jurisdiction) Order 2007

Made

7th February 2007

Laid before Parliament

15th February 2007

Coming into force in accordance with article 1

The Secretary of State makes the following Order, with the consent of the Treasury, in exercise of the powers conferred by section 226A(2)(e) of the Financial Services and Markets Act 2000( 1 ).

Citation and commencement

1. This Order may be cited as the Financial Services and Markets Act 2000 (Ombudsman Scheme) (Consumer Credit Jurisdiction) Order 2007 and shall come into force—

(a) for the purposes of article 2(a) to (f) and (i) on 8th March 2007; and

(b) for all other purposes on the day sections 24 and 25 of the Consumer Credit Act 2006( 2 ) come fully into force.

Types of Business

2. The Secretary of State specifies the following types of business for the purposes of section 226A(2)(e) of the Financial Services and Markets Act 2000

(a) a consumer credit business;

(b) a consumer hire business;

(c) a business so far as it comprises or relates to credit brokerage;

(d) a business so far as it comprises or relates to debt-adjusting;

(e) a business so far as it comprises or relates to debt-counselling;

(f) a business so far as it comprises or relates to debt-collecting;

(g) a business so far as it comprises or relates to debt administration;

(h) a business so far as it comprises or relates to the provision of credit information services;

(i) a business so far as it comprises or relates to the operation of a credit reference agency.

Ian McCartney

Minister for Trade, Investment and Foreign Affairs

Department of Trade and Industry

24th January 2007

We consent

Claire Ward

Dave Watts

Two of the Lords Commissioners of Her Majesty’s Treasury

7th February 2007

( 1 )

2000 c.8 . Section 226A was inserted by section 59 of the Consumer Credit Act 2006 (c.14) .

( 2 )

2006 c.14 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Financial Services and Markets Act 2000 (Ombudsman Scheme) (Consumer Credit Jurisdiction) Order 2007 (2007/383)
Version from: original only

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