- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (01/01/2024)
- Gwreiddiol (Fel y'i Deddfwyd)
Point in time view as at 01/01/2024.
Financial Services (Banking Reform) Act 2013, Section 102B is up to date with all changes known to be in force on or before 27 September 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.
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(1)This section applies where the Payment Systems Regulator proposes to impose a generally applicable requirement (as defined by section 104(1)).
(2)The Regulator must have regard to any specified matters that are relevant to the imposition of the requirement in question.
(3)“Specified” means specified in regulations made by the Treasury for the purposes of this section.
(4)The specification of a matter for the purposes of this section may apply generally to the exercise of a function or be limited in whatever way the Treasury consider appropriate, including by reference to—
(a)the power under which the function is carried out;
(b)the persons to whom the carrying out of the function apply;
(c)the activities or subject-matter to which the function relates.
(5)The duty under subsection (2) is in addition to any other requirements to have regard to matters when exercising relevant functions imposed by another provision of this Act or by any other enactment.]
Textual Amendments
F1S. 102B inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 7 para. 5; S.I. 2023/779, reg. 4(ccc)(iv)
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