PART IIU.K. SPECIFIED ACTIVITIES

[F1CHAPTER IIAU.K. ELECTRONIC MONEY

Textual Amendments

F1Pt. 2 Ch. 2A inserted (11.4.2002 for specified purposes, 27.4.2002 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2002 (S.I. 2002/682), arts. 1(2), 4 (with arts. 9, 10)

The activityU.K.

Issuing electronic moneyU.K.

9B.  Issuing electronic money [F2by—

(a)a [F3qualifying credit institution], a credit union or a municipal bank; or

(b)a person who is deemed to have been granted authorisation under regulation 74 of the Electronic Money Regulations 2011 or who falls within regulation 76(1) of those Regulations,]

is a specified kind of activity.]

Textual Amendments

F2Art. 9B(a)(b) and word inserted (9.2.2011 for specified purposes, 30.4.2011 in so far as not already in force) by The Electronic Money Regulations 2011 (S.I. 2011/99), reg. 1(2), Sch. 4 para. 12(c) (with reg. 3)