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COMP 10.1 Application and Purpose

Application

COMP 10.1.1R

This chapter applies to the FSCS.

COMP 10.1.2G

It is also relevant to claimants.

Purpose

COMP 10.1.3G

In most cases it is appropriate for there to be a limit on the amount of compensation payable by the FSCS and that there should be some part of the claim which is not compensatable and for which the claimant must bear the loss. The purpose of this chapter is to set these limits out.

COMP 10.1.4G

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