Finance Act 2011

[F1 Merchant acquirers etc U.K.

Textual Amendments

F1Sch. 23 para. 13A and cross-heading inserted (with application in accordance with s. 228(2) of the amending Act) by Finance Act 2013 (c. 29) , s. 228(1)

13A(1)A person who has a contractual obligation to make payments to retailers in settlement of payment card transactions is a relevant data-holder.U.K.

(2)In this paragraph—

  • payment card ” includes a credit card, a charge card and a debit card;

  • payment card transaction ” means any transaction in which a payment card is accepted as payment;

  • retailer ” means a person who accepts a payment card as payment for any transaction.

(3)In this paragraph any reference to a payment card being accepted as payment includes a reference to any account number or other indicators associated with a payment card being accepted as payment.]