CREDS Sch 4 Powers exercised

1The following powers and related provisions in or under the Act have been exercised by the FSA to make the rules in CREDS:

Section 138 (General rule-making power)

Section 149 (Evidential provisions)

Section 156 (General supplementary powers)

Section 213 (The compensation scheme)

Section 214 (General)

Section 226 (Compulsory jurisdiction)

Paragraph 13 (Compulsory jurisdiction) of Schedule 17 (The Ombudsman Scheme)

The following powers in or under the Act have been exercised by the FSA to give the guidance in CREDS:

Section 157(1) (Guidance).