Part 5Inter-Bank Payment Systems
Miscellaneous
I1203Fees
1
The Bank of England may require operators of recognised inter-bank payment systems to pay fees.
2
A requirement under subsection (1) must relate to a scale of fees approved by the Treasury by regulations.
3
Regulations under subsection (2)—
a
shall be made by statutory instrument, and
b
shall be subject to annulment in pursuance of a resolution of either House of Parliament.
4
A requirement under subsection (1) may be enforced by the Bank as a debt.