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LLD Sch 5 Rights of action for damages

LLD Sch 5.1G

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

LLD Sch 5.2G

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.

LLD Sch 5.3G

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.

LLD Sch 5.4G

Right of action under section 150

Chapter/Appendix

Section/Annex

Paragraph

For private Person?

Removed?

For other person?

3

All rules

No

Yes

LLD 3.1.2 R

No

4

All rules

No

Yes

LLD 4.1.2 R

No

5

All rules

No

Yes

LLD 5.1.2 R

No

7

All rules

No

Yes

LLD 7.1.2 R

No

8

All rules

No

Yes

LLD 8.1.2 R

No1

12

All other rules

No

Yes

LLD 12.1.2 R

No

15

Rules requiring the Society, managing agents or members1 to have or maintain adequate financial resources

No

No

-

No

15

All other rules

No

Yes

LLD 15.1.2 R

No

116

Rules requiring the Society, managing agents or members to have or maintain adequate financial resources

No

No

-

No

116

All other rules

No

Yes

LLD 16.1.1 R

117

Rules requiring the Society, managing agents or members to have or maintain adequate financial resources

No

No

-

No

117

All other rules

No

Yes

LLD 17.1.1 R

118

Rules requiring the Society, managing agents or members to have or maintain adequate financial resources

No

No

-

No

118

All other rules

No

Yes

LLD 18.1.1 R

119

Rules requiring the Society, managing agents or members to have or maintain adequate financial resources

No

No

-

No

119

All other rules

No

Yes

LLD 19.1.1 R

120

Rules requiring the Society, managing agents or members to have or maintain adequate financial resources

No

No

-

No

120

All other rules

No

Yes

LLD 20.1.1 R

121

Rules requiring the Society, managing agents or members to have or maintain adequate financial resources

No

No

-

No

121

All other rules

No

Yes

LLD 21.1.1 R

No

122

Rules requiring the Society, managing agents or members to have or maintain adequate financial resources

No

No

-

No

122

All other rules

No

Yes

LLD 22.1.1 R

123

Rules requiring the Society, managing agents or members to have or maintain adequate financial resources

No

No

-

No

123

All other rules

No

Yes

LLD 23.1.1 R

124

Rules requiring the Society, managing agents or members to have or maintain adequate financial resources

No

No

-

No

124

All other rules

No

Yes

LLD 24.1.1 R

125

Rules requiring the Society, managing agents or members to have or maintain adequate financial resources

No

No

-

No

125

All other rules

No

Yes

LLD 25.1.1 R