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Part XI · Complaints Committee and Investor Compensation Scheme

253. Investor Compensation Scheme

(1)

The Authority may establish for the purposes of this Order a body to be called the Investor Compensation Scheme.

(2)

The principal objects of the Investor Compensation Scheme are to set up and manage a scheme to provide compensation for eligible investors where a regulated person is in financial distress.

(3)

The Authority may make such regulations as it thinks fit for the

Investor Compensation Scheme.

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Report

Part XII

Financial Markets Services Panel

Part XIII

General