ACT No. XXVI of 2023 AN ACT to amend the Arbiter for Financial Services Act, Cap. 555.
Statutory Text (3 Articles)
I assent.
(L.S.)
GEORGE VELLA
President
18th July, 2023
ACT No. XXVI of 2023
AN ACT to amend the Arbiter for Financial Services Act, Cap. 555.
BE IT ENACTED by the President, by and with the advice and
consent of the House of Representatives, in this present Parliament
assembled, and by the authority of the same, as follows:-
The short title of this Act is the Arbiter for Financial Services Short title.
(Amendment) Act, 2023 and this Act shall be read and construed as
one with the Arbiter for Financial Services Act, hereinafter referred to Cap. 555.
as "the principal Act".
Article 2 of the principal Act shall be amended as follows
Amendment of
article 2 of the
principal Act.
(a) the definition "customer" thereof shall be substituted
by the following new definition
" "customer" means a natural person, including his
successors in title, a micro-enterprise or consumer
associations;"; and
(b) in the definition "eligible customer" thereof
immediately after the words "subject of the relevant complaint"
there shall be added the words "and also consumer associations".
Passed by the House of Representatives at Sitting No. 148 of the
12th July, 2023.
ANĠLU FARRUGIA
Speaker
RAYMOND SCICLUNA
Clerk of the House of Representatives
€0.36