Part 5F2... Payment Systems

Annotations:
Amendments (Textual)
F2

Word in Pt. 5 heading omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 2

Enforcement

I1193Inspection

1

The Bank of England may appoint one or more persons to inspect the operation of a recognised F1... payment system F3or the provision of services to such a system by a service provider.

2

The operator of a recognised F1... payment system F4, or a service provider in relation to such a system, must—

a

grant an inspector access, on request and at any reasonable time, to premises on or from which any part of the system is operated F5or (as the case may be) premises on or from which any part of the services is provided, and

b

otherwise co-operate with an inspector.