Regulating the sale and rent back market [electronic resource] a consultation
Regulating the sale and rent back market a consultation [electronic resource]
- London HM Treasury 2009
Introduction: subject of the consultation; responding to the consultation; code of practice for written consultation; FSA consultation -- Background to the consultation: supporting homeowners in difficulty; the sale and rent back market; OFT report; product analysis; market analysis; fair treatment of consumers; existing consumer protection; OFT recommendations; government response -- Issues for consideration: policy options for consultation; draft legislation; definition of a sale and rent back agreement; arranging or advising on a sale and rent back agreement; entering into a sale and rent back agreement; administering a sale and rent back agreement; exclusions and exemptions; consequential amendments; interim regime; other comments -- Next steps: government response to consultation; next steps -- Annexes: impact assessment; draft Statutory Instrument
This report from the Office of Fair Trading (OFT) and the Financial Services Authority investigates the sale and rent back market, whereby properties are sold at a reduced rate, granting the current owners assured tenancies after the sale. It looks at current provisions and at possible areas where the legislation should be strengthened to protect consumers. This consultation builds on suggestions made in an OFT consultation and asks a range of stakeholders to comment on what steps should be taken.
Advanced
978184532559
FINANCIAL SERVICES AND MARKETS ACT 2000 (PROFESSIONS) (NON-EXEMPT ACTIVITIES) ORDER 2001
FINANCIAL SERVICES AND MARKETS ACT 2000 (REGULATED ACTIVITIES) ORDER 2001
LAW OF PROPERTY (MISCELLANEOUS PROVISIONS) ACT 1989 S2
LIMITED LIABILITY PARTNERSHIPS (ACCOUNTS AND AUDIT) (APPLICATION OF COMPANIES ACT 2006) REGULATIONS 2008
REGULATION OF FINANCIAL SERVICES (LAND TRANSACTIONS) ACT 2005
TIMESHARE ACT 1992
COMPANIES ACT 1985 S262(1)
COMPANIES ACT 2006
FINANCIAL SERVICES AND MARKETS ACT 2000
FINANCIAL SERVICES AND MARKETS ACT 2000 (APPOINTED REPRESENTATIVES) REGULATIONS 2001
FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005
England and Wales--1543-
306.1 $2 18
Introduction: subject of the consultation; responding to the consultation; code of practice for written consultation; FSA consultation -- Background to the consultation: supporting homeowners in difficulty; the sale and rent back market; OFT report; product analysis; market analysis; fair treatment of consumers; existing consumer protection; OFT recommendations; government response -- Issues for consideration: policy options for consultation; draft legislation; definition of a sale and rent back agreement; arranging or advising on a sale and rent back agreement; entering into a sale and rent back agreement; administering a sale and rent back agreement; exclusions and exemptions; consequential amendments; interim regime; other comments -- Next steps: government response to consultation; next steps -- Annexes: impact assessment; draft Statutory Instrument
This report from the Office of Fair Trading (OFT) and the Financial Services Authority investigates the sale and rent back market, whereby properties are sold at a reduced rate, granting the current owners assured tenancies after the sale. It looks at current provisions and at possible areas where the legislation should be strengthened to protect consumers. This consultation builds on suggestions made in an OFT consultation and asks a range of stakeholders to comment on what steps should be taken.
Advanced
978184532559
FINANCIAL SERVICES AND MARKETS ACT 2000 (PROFESSIONS) (NON-EXEMPT ACTIVITIES) ORDER 2001
FINANCIAL SERVICES AND MARKETS ACT 2000 (REGULATED ACTIVITIES) ORDER 2001
LAW OF PROPERTY (MISCELLANEOUS PROVISIONS) ACT 1989 S2
LIMITED LIABILITY PARTNERSHIPS (ACCOUNTS AND AUDIT) (APPLICATION OF COMPANIES ACT 2006) REGULATIONS 2008
REGULATION OF FINANCIAL SERVICES (LAND TRANSACTIONS) ACT 2005
TIMESHARE ACT 1992
COMPANIES ACT 1985 S262(1)
COMPANIES ACT 2006
FINANCIAL SERVICES AND MARKETS ACT 2000
FINANCIAL SERVICES AND MARKETS ACT 2000 (APPOINTED REPRESENTATIVES) REGULATIONS 2001
FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005
England and Wales--1543-
306.1 $2 18