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SCHEDULE 4Consequential amendments

Payment Services Regulations 2009

10.—(1) In regulation 62 of the Payment Services Regulations 2009 (payer’s liability for unauthorised payment transaction)(1), for paragraph (4) substitute—

(4) In paragraph (3)(c)—

“distance contract” means a distance contract as defined by regulation 5 of the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013;

“excepted contract” means a contract that—

(a)

falls to any extent within regulation 6(1) of those Regulations, or

(b)

falls within regulation 6(2) of those Regulations.