Financial Services
Ombudsman (Case-Fee and Levy) (Amendment) (Jersey) Regulations 2016
Made 16th November 2016
Coming into force 30th
November 2016
THE STATES, in pursuance of Articles 6 and 26 of, and paragraph 4 of Schedule 2
to, the Financial Services Ombudsman (Jersey) Law 2014[1], have made the following
Regulations –
1 Amendment
of Regulation 6 of Financial Services Ombudsman (Case-Fee and Levy)
(Jersey) Regulations 2015
In Regulation 6(7) of the Financial Services Ombudsman
(Case-Fee and Levy) (Jersey) Regulations 2015[2] for the words “financial
year after 2016” there are substituted the words “financial
year after 2018”.
2 Amendment
of Regulation 8 of Financial Services Ombudsman (Case-Fee and Levy)
(Jersey) Regulations 2015
At the end of Regulation 8 of the Financial Services Ombudsman
(Case-Fee and Levy) (Jersey) Regulations 2015[3] there is added the following
paragraph –
“(8) Without prejudice to the
generality of paragraph (3)(b) and of Regulation 4(1)(c),
the levy scheme may make provision for service of a levy notice on a person, or
at an address, to be treated as service on a financial service provider –
(a) if that financial
service provider has nominated that person or that address for that purpose;
(b) if that person or
address is otherwise authorized, in a manner that appears appropriate to the OFSO and is specified in the levy scheme, for the acceptance
of service of notices; or
(c) in such
circumstances, specified in the levy scheme, as otherwise appear reasonable to
the OFSO.”.
3 Amendment
of Financial Services Ombudsman (Jersey) Law 2014
In paragraph 2(7) of Schedule 2 to the Financial Services
Ombudsman (Jersey) Law 2014[4] –
(a) for the words “financial years 2014, 2015 and 2016,”
there are substituted the words “financial years 2014, 2015, 2016, 2017
and 2018,”;
(b) for the words “terms under any law of Guernsey that
establishes an Ombudsman scheme in relation to financial services” there
are substituted the words “terms in any enactment in or under the
Financial Services Ombudsman (Bailiwick of Guernsey) Law, 2014 of the Bailiwick
of Guernsey, as amended from time to time during those financial years”.
4 Citation
and commencement
These Regulations may be cited as the Financial Services Ombudsman
(Case-Fee and Levy) (Amendment) (Jersey) Regulations 2016 and come into
force 14 days after they are made.
l.-m. hart
Deputy Greffier of the States