| (1) | Part 3 of Chapter 9 applies in relation to the Ombud Council as if— |
| (a) | references in that Chapter to a financial sector law were references to a financial sector law in so far as it relates to ombud schemes; |
| (2) | Despite section 132(2), the purpose of a supervisory on-site inspection of an ombud scheme or an ombud in terms of this section is to check compliance by the ombud scheme or ombud with a financial sector law in so far as it relates to ombuds. |
| (3) | Part 4 of Chapter 9 applies in relation to the Ombud Council as if— |
| (a) | references in that Chapter to a financial sector law were references to a financial sector law in so far as it relates to ombud schemes; |
| (c) | references to a financial sector regulator were references to the Ombud Council. |
| (4) | Section 140 applies in relation to the Ombud Council exercising powers in terms of this section as it applies in relation to the financial sector regulators. |
[Section 208 to take effect on 1 April 2020, per Notice No. 1130 of 2019, GG 42677, dated 30 August 2019]
