Financial Services Act 2021

This adran has no associated Nodiadau Esboniadol

14(1)Section 303Z1 (application for account freezing order) is amended as follows.U.K.

(2)In subsection (1), for “bank or building society” substitute “ relevant financial institution ”.

F1(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F2(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)In subsection (6), at the appropriate places insert—

electronic money institution” has the same meaning as in the Electronic Money Regulations 2011 (S.I. 2011/99) (see regulation 2 of those Regulations);, and

payment institution” means an authorised payment institution or a small payment institution (each as defined in regulation 2 of the Payment Services Regulations 2017 (S.I. 2017/752));.

Textual Amendments

Commencement Information

I1Sch. 12 para. 14 in force at Royal Assent for E.W.S., see. s. 49(1)(a)

I2Sch. 12 para. 14 in force at 28.6.2021 for N.I. by S.I. 2021/739, reg. 2