lexiara

Section 71

FSMA 2000

A contravention of section 56(6) or 59(1) or (2) is actionable at the suit of a private person who suffers loss as a result of the contravention, subject to the defences and other incidents applying to actions for breach of statutory duty. In prescribed cases, a contravention of that kind which would be actionable at the suit of a private person is actionable at the suit of a person who is not a private person, subject to the defences and other incidents applying to actions for breach of statutory duty. “Private person” has such meaning as may be prescribed.

· All articles ·

Source: legislation.gov.uk · retrieved 2026-09-04