[Part 4 Miscellaneous]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[Part 4 Miscellaneous]

[Exemption from liability in damages

33

(1)     None of the following is to be liable in damages for anything done or omitted in the discharge, or purported discharge, of the PRA's functions—

(a)     the PRA;

(b)     any person (“Pâ€) who is, or is acting as, a member, officer or member of staff of the PRA;

(c)     any person who could be held vicariously liable for things done or omitted by P, but only in so far as the liability relates to P's conduct.

[(1A)     In sub-paragraph (1) the reference to the PRA's functions includes its functions under Part 5 of the Financial Services (Banking Reform) Act 2013 (regulation of payment systems).]

(2)     Anything done or omitted by a person mentioned in sub-paragraph (1)(a) or (b) while acting, or purporting to act, as a result of an appointment under any of sections 97, 166 to 169 and 284[, 284 and 377G] is to be taken for the purposes of sub-paragraph (1) to have been done or omitted in the discharge, or as the case may be purported discharge, of the PRA's functions.

(3)     Sub-paragraph (1) does not apply—

(a)     if the act or omission is

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