14 Levy under FSMA 2000 for debt advice expenses of devolved authorities
Financial Guidance and Claims Act 2018 (2018 c 10) | Legislation

Funding of debt advice in Scotland, Wales and Northern Ireland

14  Levy under FSMA 2000 for debt advice expenses of devolved authorities

(1)     In the Financial Services and Markets Act 2000, after section 137SA (inserted by section 13), insert—

“137SB Rules to recover debt advice expenses incurred by the devolved authorities

(1)     The Treasury may, from time to time, notify the FCA of the amount of the expenses incurred, or expected to be incurred, by the devolved authorities in connection with the provision of information and advice on debt to members of the public in Scotland, Wales and Northern Ireland.

(2)     Where the Treasury have notified the FCA of an amount of expenses under subsection (1), the FCA must make rules for imposing levies with

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