SCHEDULES
SCHEDULE 2Transitional amendments
PART 6Amendments relating to critical third parties
I1I262
In Schedule 3 (application and modification of legislation)—
a
in paragraph 1(b), in the inserted text substituting section 66A of the 2000 Act—
i
in subsection (1), the words from “a contravention” to the end become sub-paragraph (a),
ii
after that paragraph insert
, or
b
a contravention of a requirement imposed by or under section 312R of the 2000 Act by an electronic money institution.
iii
for subsection (2) substitute—
2
“Relevant person” means—
a
in relation to subsection (1)(a), any person responsible for the management of the electronic money issuer or, where relevant, any person responsible for the management of electronic money issuance by the electronic money issuer, or
b
in relation to subsection (1)(b), any person responsible for the management of the electronic money institution or, where relevant, any person responsible for the management of electronic money issuance by the electronic money institution.
b
in paragraph 3(d)(i), in the inserted subsection (1)(ab), after “2011” insert “or section 312R”
.