- Status
- In Force
- Penalty ceiling
- Regulated
Does it bind you?
Business-side roles with duties under this instrument.
Plus 4 duties on the regulator, Crown ministers and public bodies — folded into the section list below.
What it requires
Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.
s.art003
Remuneration of the independent valuer
Regulated
Other duties (1) — Crown / regulator
- Treasury must pay the independent valuer and appoint a monitor for remuneration arrangementsCrown / Minister / Government department
s.art005
Staff
Regulated
Other duties (1) — Crown / regulator
- Independent valuer must determine staff pay and conditions with Treasury approvalCrown / Minister / Government department
s.art006
Records and accounts
Regulated
Other duties (1) — Crown / regulator
- Independent valuer must keep records and accountsStatutory regulator
s.art012
Reconsideration of assessment notice
Regulated
Other duties (1) — Crown / regulator
- Independent valuer must reconsider and reissue assessment noticeCrown / Minister / Government department
23 other provisions — procedural and definitional
s.art001
Citation and commencement
s.art002
Interpretation
s.art004
Remuneration of the Appointment Panel and the monitor
s.art007
Interpretation
s.art008
Procedure
s.art009
Application to the court for information
s.art010
Confidence
s.art011
Disclosure
s.art013
Right to refer to the Tribunal
s.art014
Application of the Financial Services and Markets Act 2000
s.art015
Modification of the Financial Services and Markets Act 2000
s.art016
In section 133 (proceedings: general provision) and Schedule 13, for...
s.art017
In section 133— (i) in subsection (1)(a) for “the decision...
s.art018
Ignore sections 134 to 136.
s.art019
Modification of Financial Services and Markets Tribunal Rules 2001
s.art020
In each place where it occurs (other than in rule...
s.art021
In rule 2 (interpretation)— (a) ignore the definitions for “the...
s.art022
In rule 4(6) (reference notice) ignore “, a direction under...
s.art023
In rule 5 (Authority’s statement of case)—
s.art024
Ignore rules 6 (applicant’s reply), 7 (secondary disclosure by the...
s.art025
In rule 10 (particular types of directions) ignore paragraphs (1)(e),...
s.art026
After rule 10 (particular types of directions) insert— Same issues...
s.art027
In rule 19(3) (procedure at hearings) ignore “when taking the...
Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.