LLD Sch 5 Rights of action for damages

LLD Sch 5.1G01/12/2004

The table below sets out the rules in LLD contravention of which by an authorised person may be actionable under section 150 of the Act (Actions for damages) by a person who suffers loss as a result of the contravention.

LLD Sch 5.2G01/12/2004

If a "Yes" appears in the column headed "For private person?", the rule may be actionable by a "private person" under section 150 (or, in certain circumstances, his fiduciary or representative; see article 6(2) and (3)(c) of the Financial Services and Markets Act 2000 (Rights of Action) Regulations 2001 (SI 2001/2256)). A "Yes" in the column headed "Removed" indicates that the FSA has removed the right of action under section 150(2) of the Act. If so, a reference to the rule in which it is removed is also given.

LLD Sch 5.3G01/12/2004

The column headed "For other person" indicates whether the rule may be actionable by a person other than a private person (or his fiduciary or representative) under article 6(2) and (3) of those Regulations. If so, an indication of the type of person by whom the rule may be actionable is given.

LLD Sch 5.4G31/12/2005

				Right of action under section 150
Chapter/Appendix		Section/Annex	Paragraph	For private Person?	Removed?		For other person?
3	All rules			No	Yes	LLD 3.1.2 R	No
4	All rules			No	Yes	LLD 4.1.2 R	No
5	All rules			No	Yes	LLD 5.1.2 R	No
7	All rules			No	Yes	LLD 7.1.2 R	No
8	All rules			No	Yes	LLD 8.1.2 R	No1
12	All other rules			No	Yes	LLD 12.1.2 R	No
15	Rules requiring the Society, managing agents or members 1 to have or maintain adequate financial resources			No	No	-	No
15	All other rules			No	Yes	LLD 15.1.2 R	No
116	Rules requiring the Society, managing agents or members to have or maintain adequate financial resources			No	No	-	No
116	All other rules			No	Yes	LLD 16.1.1 R
117	Rules requiring the Society, managing agents or members to have or maintain adequate financial resources			No	No	-	No
117	All other rules			No	Yes	LLD 17.1.1 R
118	Rules requiring the Society, managing agents or members to have or maintain adequate financial resources			No	No	-	No
118	All other rules			No	Yes	LLD 18.1.1 R
119	Rules requiring the Society, managing agents or members to have or maintain adequate financial resources			No	No	-	No
119	All other rules			No	Yes	LLD 19.1.1 R
120	Rules requiring the Society, managing agents or members to have or maintain adequate financial resources			No	No	-	No
120	All other rules			No	Yes	LLD 20.1.1 R
121	Rules requiring the Society, managing agents or members to have or maintain adequate financial resources			No	No	-	No
121	All other rules			No	Yes	LLD 21.1.1 R	No
122	Rules requiring the Society, managing agents or members to have or maintain adequate financial resources			No	No	-	No
122	All other rules			No	Yes	LLD 22.1.1 R
123	Rules requiring the Society, managing agents or members to have or maintain adequate financial resources			No	No	-	No
123	All other rules			No	Yes	LLD 23.1.1 R
124	Rules requiring the Society, managing agents or members to have or maintain adequate financial resources			No	No	-	No
124	All other rules			No	Yes	LLD 24.1.1 R
125	Rules requiring the Society, managing agents or members to have or maintain adequate financial resources			No	No	-	No
125	All other rules			No	Yes	LLD 25.1.1 R

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LLD Sch 5 Rights of action for damages