CREDS Sch 5 Rights of actions for damages

CREDS Sch 5.1G01/04/2013

1The table below sets out the rules in CREDS contravention of which by an authorised person may be actionable under Section 138D of the Act (Actions for damages) by a person who suffers loss as a result of the contravention.

If a "Yes" appears in the column headed "For private person?", the rule may be actionable by a "private person" under section 138D (or, in certain circumstances, his fiduciary or representative). A "Yes" in the column headed "Removed" indicates that the FCA has removed the right of action under Section 138D(3) of the Act. If so, a reference to the rule in which it is removed is also given.

The column headed "For other person?" indicates whether the rule is actionable by a person other than a private person (or his fiduciary or representative). If so, an indication of the type of person by whom the rule is actionable is given.

CREDS Sch 5.2G03/02/2016

			Right of action under section 138D
Chapter / Appendix	Section / Annex	Paragraph	For private person?	Removed?	For other person?
All rules in CREDS with the status letter 'E'.			No	No	No
					2
All 2 rules in CREDS.			Yes	No	No

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CREDS Sch 5 Rights of actions for damages