Part 3: Banking Section 18: Banking companies: expenses relating to compensation Details of the section Section 133J
New section 133J defines "customer" for the purposes of determining whether compensation is paid or payable to a customer of a given company.
	Subsection (1) provides the general definition of a customer as a person who uses, has used or may have contemplated using, or who has relevant rights or interests in relation to, a financial service.
	Subsection (2) defines "financial service".
	Subsection (3) provides for situations where a person may have rights or interests in relation to a service. This would include the case of intermediaries.
	Subsections (4) to (6) contain further definitional and interpretative provisions relating to the definition of customer.