The Payment Services (Amendment) Regulations 2009

Amendments to the Payment Services Regulations 2009U.K.

This section has no associated Explanatory Memorandum

11.  For regulation 110(1)(d) and (e) substitute—

(d)a credit institution authorised in the UK or exercising an EEA right in accordance with Part 2 of Schedule 3 to the 2000 Act (exercise of passport rights by EEA firms)(1);

(e)an electronic money institution authorised in the UK or exercising an EEA right in accordance with Part 2 of Schedule 3 to the 2000 Act;

(f)the Post Office Limited;

(g)the Bank of England, the European Central Bank or a national central bank of an EEA State other than the United Kingdom,

(h)a government department or a local authority; or

(i)exempt under regulation 3..

Commencement Information

I1Reg. 11 in force at 1.10.2009 for specified purposes, see reg. 1(3)

I2Reg. 11 in force at 1.11.2009 in so far as not already in force, see reg. 1(2)

(1)

Part 2 was amended by the Enterprise Act 2002, section 278(1) and Schedule 25, paragraph 40; by the Consumer Credit Act 2006, section 33(9); by S.I.2003/1473, 2003/2066, 2007/126 and 2007/3253.