Search Legislation

Financial Services (Banking Reform) Act 2013

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Cross Heading: Overview

 Help about opening options

No versions valid at: 18/12/2013

Status:

Point in time view as at 18/12/2013. This version of this cross heading contains provisions that are not valid for this point in time. Help about Status

Changes to legislation:

Financial Services (Banking Reform) Act 2013, Cross Heading: Overview is up to date with all changes known to be in force on or before 31 October 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. Help about Changes to Legislation

Valid from 01/03/2014

OverviewU.K.

39OverviewU.K.

(1)This Part contains provision for the establishment of a new body (the “Payment Systems Regulator”) to exercise functions in relation to payment systems.

(2)Section 40 provides for the establishment of the Payment Systems Regulator.

(3)Sections 41 and 42 contain definitions of “payment system” and related terms.

(4)Sections 43 to 48 make provision about designating a payment system as a regulated payment system.

(5)Sections 49 to 53 contain provision about the general duties of the Payment Systems Regulator under this Part.

(6)Sections 54 to 67 confer various regulatory and competition functions on the Payment Systems Regulator.

(7)Sections 68 to 70 contain provision about the making of complaints to the Payment Systems Regulator.

(8)Sections 71 to 80 contain provision about enforcement and appeals.

(9)Sections 81 to 95 contain information and investigation powers and provision about the disclosure of information.

(10)Sections 96 and 97 contain supplementary powers.

(11)Sections 98 to 102 contain provision about the Payment Systems Regulator's relationship with other regulators.

(12)Sections 103 to 107 contain provision about consultation, accountability and oversight.

(13)Sections 108 to 110 contain miscellaneous and supplemental provision.

Back to top

Options/Help

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open The Whole Act without Schedules

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act without Schedules as a PDF

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open the Whole Act without Schedules

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open Schedules only

The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?