Section 71: Actions for damages.

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

Part V: Performance of Regulated Activities

A contravention of section 56(6) or 59(1) or (2) is actionable at the suit of a private person who suffers loss as a result of the contravention, subject to the defences and other incidents applying to actions for breach of statutory duty.

In prescribed cases, a contravention of that kind which would be actionable at the suit of a private person is actionable at the suit of a person who is not a private person, subject to the defences and other incidents applying to actions for breach of statutory duty.

"Private person" has such meaning as may be prescribed.

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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.