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The Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018
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The Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018, Paragraph 17 is up to date with all changes known to be in force on or before 23 December 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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Changes and effects yet to be applied to Schedule 2 Paragraph 17:
- Regulations revoked by 2023 c. 29 Sch. 1 Pt. 2
This section has no associated Explanatory Memorandum
17.—(1) Regulation 71 (duty to co-operate and exchange information) is amended as follows.U.K.
(2) In paragraph (1)—
(a)omit sub-paragraph (a);
(b)for sub-paragraphs (b) to (d) substitute—
“(b)the Bank of England; and
(c)any other public authorities which exercise functions that are relevant to electronic money issuers,”;
(c)for the words from “under the electronic” to the end substitute “ under these Regulations and other relevant legislation ”.
(3) In paragraph (2)—
(a)in sub-paragraph (a), for “(1)(a), (c) and (d)” substitute “ (1)(c) ”;
(b)for sub-paragraph (b) substitute—
“(b)the Bank of England when acting in its capacity as monetary and oversight authority;”;
(c)for the words from “under the electronic” to the end substitute “ under these Regulations and other relevant legislation ”.
(4) Omit paragraph (3).
Commencement Information
I1Sch. 2 para. 17 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)
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