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Status: You are viewing the version of the handbook as on 2009-03-31.

INSPRU Sch 5 Rights of action for damages

INSPRU Schedule 5.1

1The table below sets out the rules in INSPRU contravention of which by an authorised person may be actionable under section 150of the Act (Actions for damages) by a person who suffers loss as a result of the contravention.

INSPRU Schedule 5.2

If a "Yes" appears in the column headed "For private person", the rule may be actionable by a private person under section 150(or, in certain circumstances, his fiduciary or representative; see article 6(2) and (3)(c) of the Financial Services and Markets Act 2000 (Rights of Action) Regulations 2001 (SI 2001/2256)). A "Yes" in the column headed "Removed" indicates that the FSA has removed the right of action under section 150(2)of the Act. If so, a reference to the rule in which it is removed is also given.

INSPRU Schedule 5.3

The column headed "For other person" indicates whether the rule may be actionable by a person other than a private person (or his fiduciary or representative) under article 6(2) and (3) of those Regulations. If so, an indication of the type of person by whom the rule may be actionable is given.

Chapter/Appendix

Section/Annex

Right of action under section 150

For private person

Removed

For other person

All rules in INSPRU

No

Yes (INSPRU 9.1.1R)

No