ML Sch 5 Rights of action for damages
The table below sets out the rulesin MLcontravention 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. |
If a "Yes" appears in the column headed "For private person?", the rulemay 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 No 2256)). A "Yes" in the column headed "Removed" indicates that the FSA has removed the right action under section 150(2) of the Act. If so, a reference to the rulein which it is removed is also given. |
The Column headed "For other person?" indicates whether the rulemay be actionable by apersonother 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 rulemay be actionable is given. |