234 Industry funding
234 Industry funding


234  Industry funding

(1)     For the purpose of funding—

(a)     the establishment of the ombudsman scheme (whenever any relevant expense is incurred), and

(b)     its operation in relation to the compulsory jurisdiction,

the [FCA] may make rules requiring the payment to it or to the scheme operator, by authorised persons or any class of authorised person[, any electronic money issuer within the meaning of the Electronic Money Regulations 2011] [or any payment service provider within the meaning of the Payment Services Regulations] [2017] of specified amounts (or amounts calculated in a specified way).

(2)     “Specified” means specified in the rules.

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