Section 234B: Transfers of liability

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part XVI: The Ombudsman Scheme

This section applies where a person (the "successor") has assumed a liability (including a contingent one) of a person (the "predecessor") who was, or (apart from this section) would have been, the respondent in respect of a complaint falling to be dealt with under the ombudsman scheme.

The complaint may (but need not) be dealt with under this Part as if the successor were the respondent.

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