- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (15/12/2015)
- Gwreiddiol (a wnaed Fel)
Version Superseded: 31/12/2020
Point in time view as at 15/12/2015.
There are currently no known outstanding effects for the The Payment Accounts Regulations 2015, SCHEDULE 1.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
Regulation 8(2)
1. The fee information document must comply with the requirements of any implementing technical standards adopted by the European Commission under Article 4(6) of the Payment Accounts Directive regarding a standardised presentational format of the fee information document and its common symbol.
2. The fee information document must—
(a)use the terms featured in the linked services list; and
(b)where the payment service provider offers any service featured in the linked services list, quote the corresponding fee for that service.
3. Where one or more services featured in the linked services list are offered as part of a package of services linked to a payment account, the fee information document must disclose—
(a)the fee for the entire package;
(b)the services included in the package and their quantity; and
(c)the additional fee for any service that exceeds the quantity covered by the package fee.
4. The fee information document must—
(a)be a short and stand-alone document;
(b)be presented and laid out in a way that is clear and easy to read using characters of a readable size;
(c)be no less comprehensible in the event that, having been originally produced in colour, it is printed or photocopied in black and white;
(d)be written in English or, if agreed by the consumer and payment service provider, in another language;
(e)be accurate, not misleading, and expressed in the currency of the payment account or, if agreed by the consumer and the payment service provider, in another currency of the European Union;
(f)contain the title “fee information document” at the top of the first page next to the common symbol referred to in paragraph 1 to distinguish the fee information document from other documentation;
(g)include a statement that it contains fees for the most representative services related to the payment account and that complete pre-contractual and contractual information on all the services is provided in other documents.
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
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Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
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