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
F2Words in Pt. 5 heading inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 2
(1)The Bank of England may appoint one or more persons to inspect the operation of a recognised F3... payment system [F4, a recognised DSA service provider] [F5or the provision of services to such a system [F6or such a DSA service provider] by a service provider].
(2)The operator of a recognised F3... payment system [F7, or a recognised DSA service provider] [F8, or a service provider in relation to such a system [F9or such a DSA service provider],] 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 [F10or (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
F3Word 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
F4Words in s. 193(1) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 21(2)(a)
F5Words 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)
F6Words in s. 193(1) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 21(2)(b)
F7Words in s. 193(2) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 21(3)(a)
F8Words 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)
F9Words in s. 193(2) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 21(3)(b)
F10Words 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