Textual Amendments
F1Word in Pt. 5 heading omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 2
(1)The Bank of England may appoint one or more persons to inspect the operation of a recognised F2... payment system [F3or the provision of services to such a system by a service provider].
(2)The operator of a recognised F2... 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.
Textual Amendments
F2Word in s. 193(1)(2) omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 15
F3Words in s. 193(1) inserted (30.11.2017) by The Banking Act 2009 (Service Providers to Payment Systems) Order 2017 (S.I. 2017/1167), arts. 1(2), 2(13)(a)
F4Words in s. 193(2) inserted (30.11.2017) by The Banking Act 2009 (Service Providers to Payment Systems) Order 2017 (S.I. 2017/1167), arts. 1(2), 2(13)(b)(i)
F5Words in s. 193(2)(a) inserted (30.11.2017) by The Banking Act 2009 (Service Providers to Payment Systems) Order 2017 (S.I. 2017/1167), arts. 1(2), 2(13)(b)(ii)
Commencement Information
I1S. 193 in force at 31.12.2009 by S.I. 2009/3000, art. 4, Sch. para. 2