Banking Act 2009

196Compliance failureU.K.

This section has no associated Explanatory Notes

In this Part β€œcompliance failure” means a failure by the operator of a recognised F1... payment system [F2, a recognised DSA service provider] [F3, or a service provider in relation to such a system,] [F4or such a DSA service provider] toβ€”

(a)comply with a code of practice under section 189,

(b)comply with a requirement under section 190,

(c)comply with a direction under section 191, or

(d)ensure compliance with a requirement under section 195.

Textual Amendments

F1Word in s. 196 omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 18

Commencement Information

I1S. 196 in force at 31.12.2009 by S.I. 2009/3000, art. 4, Sch. para. 2