[F1 Rules prohibiting the issue of electronic money at a discountU.K.
9H.—(1) The Authority may make rules applying to authorised persons with permission to carry on an activity of the kind specified by article 9B, prohibiting the issue of electronic money having a monetary value greater than the funds received.
(2) Section 148 of the Act (modification or waiver of rules) applies in relation to rules made under paragraph (1).]
Textual Amendments
F1Pt. 2 Ch. 2A inserted (11.4.2002 for specified purposes, 27.4.2002 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2002 (S.I. 2002/682), arts. 1(2), 4 (with arts. 9, 10)