SCHEDULES

SCHEDULE 7Accountability of the Payment Systems Regulator

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In section 39 (overview)—

a

after subsection (11) insert—

11A

Sections 102A and 102B contain provision about Treasury powers to make recommendations in connection with the Payment Systems Regulator’s general duties and to specify matters to which the Regulator must have regard when exercising certain functions.

b

in subsection (12) for “107” substitute “107A”.