SCHEDULES

SCHEDULE 23Data-gathering powers

Part 2Relevant data-holders

F1 Merchant acquirers etc

Annotations:
Amendments (Textual)

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.

(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.