Bunney v. Burns Anderson plc and Another – Times Law Reports

Posted June 20th, 2007 in law reports by sally

Statutory cap cannot be exceeded

Bunney v. Burns Anderson plc and Another

“It was outwith the Financial Services Ombudsman’s powers to make a direction under section 229(2) of the Financial Services and Markets Act 2000 that, if implemented, would require a firm to pay a complainant an amount exceeding the statutory cap of £100,000.”

The Times, 20th June 2007

Source: www.timesonline.co.uk

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