Print Options
PrintThe Whole
Instrument
PrintThis
Part
only
Status:
Point in time view as at 31/12/2020.
Changes to legislation:
The Payment Card Interchange Fee Regulations 2015,
PART 5
is up to date with all changes known to be in force on or before 03 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Changes to Legislation
Changes and effects yet to be applied by the editorial team are only applicable when viewing the latest version or prospective version of legislation. They are therefore not accessible when viewing legislation as at a specific point in time. To view the ‘Changes to Legislation’ information for this provision return to the latest version view using the options provided in the ‘What Version’ box above.
PART 5 U.K.Co-operation between regulators
Amendment of the 2013 ActU.K.
19. In section 98 of the 2013 Act (duty of regulators to ensure co-ordinated exercise of functions)—
(a)in subsection (5)—
(i)in paragraph (a), after “this Part” insert “ or Part 2 of the Payment Card Interchange Fee Regulations 2015 ”;
(ii)in paragraph (c), after “(see section 1A(6) of that Act)” insert “ or Part 3 of the Payment Card Interchange Fee Regulations 2015 ”;
(b)in subsection (6)—
(i)in paragraph (a), after “payment systems objectives” insert “ and ensuring compliance with the interchange fee regulation (see Part 2 of the Payment Card Interchange Fee Regulations 2015) ”;
(ii)in paragraph (c), after “FSMA 2000” insert “ and ensuring compliance with Articles 8(2), (5) and (6), 9, 10(1) and (5), 11 and 12 of the interchange fee regulation (see Part 3 of the Payment Card Interchange Fee Regulations 2015) ”;
(c)after subsection (6) insert—
“(7) In subsection (6) “the interchange fee regulation” means Regulation (EU) 2015/751 of the European Parliament and of the Council of 29th April 2015 on interchange fees for card-based payment transactions.”.
Co-operation between the Payment Systems Regulator and general enforcersU.K.
20. The Payment Systems Regulator and general enforcers, as defined in section 213(1) of the Enterprise Act 2002 , must take such steps as they consider appropriate to co-operate with each other for the purposes of the exercise of their functions in relation to Article 10(4) of the interchange fee regulation.
Co-operation with competent authorities in other Member StatesU.K.
21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yn ôl i’r brig