203FeesU.K.
This section has no associated Explanatory Notes
(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.
Commencement Information
I1S. 203 in force at 12.11.2009 for specified purposes and 31.12.2009 in so far as not already in force by S.I. 2009/3000, arts. 2, 4, Sch. para. 3