Member

12: Clause 4, page 3, line 34, at end insert— “(ga) in paragraph 14 (scheme rules), in sub-paragraph (2), omit paragraph (f);”Member's explanatory statement This amendment would remove the power of the scheme operator to make rules providing for the delegation of functions from the Financial Ombudsman to staff, given the Financial Ombudsman’s general power to delegate under new paragraph 1B inserted by clause 4(8)(b).