Words in reg. 61 substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 196(4)

http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13The Electronic Money Regulations 2011texttext/xmlenStatute Law DatabaseFINANCIAL SERVICES AND MARKETS2024-06-19Expert Participation2017-10-13These Regulations implement Directive 2009/110/EC of the European Parliament and of the Council of 16th September 2009 on the taking up, pursuit and prudential supervision of the business of electronic money institutions (“the Directive”) (OJ No L 275, 27.10.2000, p.39).PART 6THE AUTHORITYMiscellaneous61Authority's exemption from liability in damages

The functions of the Authority under these Regulations are to be treated for the purposes of paragraph 25 (exemption from liability in damages) of Part 4 of Schedule 1ZA to the 2000 Act as functions conferred on the Authority under that Act.

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<akomaNtoso xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd">
<portion includedIn="http://www.legislation.gov.uk/id/uksi/2011/99">
<meta>
<identification source="#source">
<FRBRWork>
<FRBRthis value="http://www.legislation.gov.uk/id/uksi/2011/99"/>
<FRBRuri value="http://www.legislation.gov.uk/id/uksi/2011/99"/>
<FRBRdate date="2011-01-18" name="made"/>
<FRBRauthor href="http://www.legislation.gov.uk/id/government/uk"/>
<FRBRcountry value="GB-UKM"/>
<FRBRsubtype value="regulation"/>
<FRBRnumber value="99"/>
<FRBRname value="S.I. 2011/99"/>
<FRBRprescriptive value="true"/>
</FRBRWork>
<FRBRExpression>
<FRBRthis value="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13"/>
<FRBRuri value="http://www.legislation.gov.uk/uksi/2011/99/2017-10-13"/>
<FRBRdate date="2017-10-13" name="validFrom"/>
<FRBRauthor href="#source"/>
<FRBRlanguage language="eng"/>
</FRBRExpression>
<FRBRManifestation>
<FRBRthis value="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13/data.akn"/>
<FRBRuri value="http://www.legislation.gov.uk/uksi/2011/99/2017-10-13/data.akn"/>
<FRBRdate date="2024-11-07Z" name="transform"/>
<FRBRauthor href="http://www.legislation.gov.uk"/>
<FRBRformat value="application/akn+xml"/>
</FRBRManifestation>
</identification>
<classification source="#source">
<keyword value="financial services and markets" showAs="FINANCIAL SERVICES AND MARKETS" dictionary="http://www.legislation.gov.uk"/>
</classification>
<lifecycle source="#source">
<eventRef date="2011-01-18" type="generation" eId="made-date" source="#source"/>
<eventRef date="2011-01-19" eId="laid-date-1" source="#source"/>
<eventRef date="2011-02-09" type="amendment" source="#source"/>
<eventRef date="2013-04-01" type="amendment" source="#source"/>
<eventRef date="2019-03-01" type="amendment" source="#source"/>
<eventRef date="2013-04-01" eId="effective-date-1" source="#source"/>
<eventRef date="2014-04-01" eId="effective-date-2" source="#source"/>
<eventRef date="2017-10-13" eId="effective-date-3" source="#source"/>
<eventRef date="2018-01-03" eId="effective-date-4" source="#source"/>
<eventRef date="2018-01-13" eId="effective-date-5" source="#source"/>
<eventRef date="2019-03-01" eId="effective-date-6" source="#source"/>
</lifecycle>
<analysis source="#source">
<passiveModifications>
<textualMod type="substitution" eId="mod-key-ac29e612089544c09c884b9335874c49-1541609244687">
<source href="#key-ac29e612089544c09c884b9335874c49"/>
<destination href="#regulation-61"/>
</textualMod>
</passiveModifications>
<restrictions source="#source">
<restriction refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#regulation-61" refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#part-6" refersTo="#e+w+s+ni" type="jurisdiction"/>
<restriction href="#part-6-crossheading-miscellaneous" refersTo="#e+w+s+ni" type="jurisdiction"/>
</restrictions>
</analysis>
<temporalData source="#source">
<temporalGroup eId="period1">
<timeInterval start="#effective-date-1" end="#effective-date-6" refersTo="#period-concept1"/>
</temporalGroup>
<temporalGroup eId="period2">
<timeInterval start="#effective-date-2" end="#effective-date-6" refersTo="#period-concept2"/>
</temporalGroup>
<temporalGroup eId="period3">
<timeInterval start="#effective-date-3" refersTo="#period-concept3"/>
</temporalGroup>
<temporalGroup eId="period4">
<timeInterval start="#effective-date-3" end="#effective-date-4" refersTo="#period-concept4"/>
</temporalGroup>
<temporalGroup eId="period5">
<timeInterval start="#effective-date-3" end="#effective-date-5" refersTo="#period-concept5"/>
</temporalGroup>
</temporalData>
<references source="#source">
<TLCOrganization eId="source" href="http://www.legislation.gov.uk/id/publisher/StatuteLawDatabase" showAs="Statute Law Database"/>
<passiveRef href="http://www.legislation.gov.uk/id/ukpga/2021/22" showAs="Financial Services Act 2021"/>
<passiveRef href="http://www.legislation.gov.uk/id/ukpga/2023/29" showAs="Financial Services and Markets Act 2023"/>
<TLCLocation eId="e+w+s+ni" href="/ontology/jurisdictions/uk.EnglandWalesScotlandNorthernIreland" showAs="England, Wales, Scotland, Northern Ireland"/>
<TLCConcept eId="period-concept1" href="/ontology/time/2013.04.01-2019.03.01" showAs="from 2013-04-01 until 2019-03-01"/>
<TLCConcept eId="period-concept2" href="/ontology/time/2014.04.01-2019.03.01" showAs="from 2014-04-01 until 2019-03-01"/>
<TLCConcept eId="period-concept3" href="/ontology/time/2017.10.13" showAs="since 2017-10-13"/>
<TLCConcept eId="period-concept4" href="/ontology/time/2017.10.13-2018.01.03" showAs="from 2017-10-13 until 2018-01-03"/>
<TLCConcept eId="period-concept5" href="/ontology/time/2017.10.13-2018.01.13" showAs="from 2017-10-13 until 2018-01-13"/>
</references>
<notes source="#source">
<note class="commentary F" eId="key-ac29e612089544c09c884b9335874c49">
<p>
Words in reg. 61 substituted (1.4.2013) by
<ref href="http://www.legislation.gov.uk/id/uksi/2013/472">The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472)</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/2013/472/schedule/2/paragraph/196/4">Sch. 2 para. 196(4)</ref>
</p>
</note>
</notes>
<proprietary xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" source="#source">
<ukl:RestrictStartDate value="2017-10-13"/>
<ukl:RestrictEndDate value="2018-01-03"/>
<dc:identifier>http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13</dc:identifier>
<dc:title>The Electronic Money Regulations 2011</dc:title>
<dc:type>text</dc:type>
<dc:format>text/xml</dc:format>
<dc:language>en</dc:language>
<dc:publisher>Statute Law Database</dc:publisher>
<dc:subject scheme="SIheading">FINANCIAL SERVICES AND MARKETS</dc:subject>
<dc:modified>2024-06-19</dc:modified>
<dc:contributor>Expert Participation</dc:contributor>
<dct:valid>2017-10-13</dct:valid>
<dc:description>These Regulations implement Directive 2009/110/EC of the European Parliament and of the Council of 16th September 2009 on the taking up, pursuit and prudential supervision of the business of electronic money institutions (“the Directive”) (OJ No L 275, 27.10.2000, p.39).</dc:description>
<atom:link rel="self" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13/data.xml" type="application/xml"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/resources" href="http://www.legislation.gov.uk/uksi/2011/99/resources" title="More Resources"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/impacts" href="http://www.legislation.gov.uk/uksi/2011/99/impacts" title="Impact Assessments"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/memorandum" href="http://www.legislation.gov.uk/uksi/2011/99/memorandum" title="Explanatory Memorandum"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/memorandum/toc" href="http://www.legislation.gov.uk/uksi/2011/99/memorandum/contents" title="Explanatory Memorandum Table of Contents"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/act" href="http://www.legislation.gov.uk/uksi/2011/99/2017-10-13" title="whole act"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/introduction" href="http://www.legislation.gov.uk/uksi/2011/99/introduction/2017-10-13" title="introduction"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/signature" href="http://www.legislation.gov.uk/uksi/2011/99/signature/2017-10-13" title="signature"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/note" href="http://www.legislation.gov.uk/uksi/2011/99/note/2017-10-13" title="note"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/body" href="http://www.legislation.gov.uk/uksi/2011/99/body/2017-10-13" title="body"/>
<atom:link rel="http://www.legislation.gov.uk/def/navigation/schedules" href="http://www.legislation.gov.uk/uksi/2011/99/schedules/2017-10-13" title="schedules"/>
<atom:link rel="alternate" type="application/rdf+xml" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13/data.rdf" title="RDF/XML"/>
<atom:link rel="alternate" type="application/akn+xml" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13/data.akn" title="AKN"/>
<atom:link rel="alternate" type="application/xhtml+xml" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13/data.xht" title="HTML snippet"/>
<atom:link rel="alternate" type="text/html" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13/data.htm" title="Website (XHTML) Default View"/>
<atom:link rel="alternate" type="text/csv" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13/data.csv" title="CSV"/>
<atom:link rel="alternate" type="application/pdf" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13/data.pdf" title="PDF"/>
<atom:link rel="alternate" type="application/akn+xhtml" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2017-10-13/data.html" title="HTML5 snippet"/>
<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/uksi/2011/99/contents/2017-10-13" title="Table of Contents"/>
<atom:link rel="http://purl.org/dc/terms/replaces" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2011-02-09" title="2011-02-09"/>
<atom:link rel="http://purl.org/dc/terms/isReplacedBy" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2019-03-01" title="2019-03-01"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/made" title="made"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2011-02-09" title="2011-02-09"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2013-04-01" title="2013-04-01"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61/2019-03-01" title="2019-03-01"/>
<atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/61" title="current"/>
<atom:link rel="up" href="http://www.legislation.gov.uk/uksi/2011/99/2017-10-13" title="Entire legislation"/>
<atom:link rel="prev" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/60/2017-10-13" title="Provision; Regulation 60"/>
<atom:link rel="prevInForce" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/60/2017-10-13" title="Provision; Regulation 60"/>
<atom:link rel="next" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/62/2017-10-13" title="Provision; Regulation 62"/>
<atom:link rel="nextInForce" href="http://www.legislation.gov.uk/uksi/2011/99/regulation/62/2017-10-13" title="Provision; Regulation 62"/>
<ukm:SecondaryMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="secondary"/>
<ukm:DocumentMainType Value="UnitedKingdomStatutoryInstrument"/>
<ukm:DocumentStatus Value="revised"/>
<ukm:DocumentMinorType Value="regulation"/>
</ukm:DocumentClassification>
<ukm:Year Value="2011"/>
<ukm:Number Value="99"/>
<ukm:Made Date="2011-01-18"/>
<ukm:Laid Date="2011-01-19" Class="UnitedKingdomParliament"/>
<ukm:ISBN Value="9780111505809"/>
<ukm:UnappliedEffects>
<ukm:UnappliedEffect RequiresApplied="true" AffectingYear="2023" AffectingNumber="29" URI="http://www.legislation.gov.uk/id/effect/key-6c7497e85b1f1daf61b7fda47c9b7b14" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedYear="2011" Modified="2024-11-05T10:37:54Z" AffectingProvisions="Sch. 1 Pt. 2" AffectedClass="UnitedKingdomStatutoryInstrument" Row="1789" Type="revoked" AffectedProvisions="Regulations" AffectedNumber="99" AffectedURI="http://www.legislation.gov.uk/id/uksi/2011/99" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2023/29" EffectId="key-6c7497e85b1f1daf61b7fda47c9b7b14">
<ukm:AffectedTitle>The Electronic Money Regulations 2011</ukm:AffectedTitle>
<ukm:AffectedProvisions>Regulations</ukm:AffectedProvisions>
<ukm:AffectingTitle>Financial Services and Markets Act 2023</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-1" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/schedule/1">Sch. 1 </ukm:Section>
<ukm:Section Ref="schedule-1-part-2" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/schedule/1/part/2">Pt. 2</ukm:Section>
</ukm:AffectingProvisions>
<ukm:Savings>
<ukm:Section Ref="section-1-4" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/section/1/4">s. 1(4)</ukm:Section>
</ukm:Savings>
<ukm:CommencementAuthority>
<ukm:Section Ref="section-86-3" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/section/86/3">s. 86(3)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification=""/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect URI="http://www.legislation.gov.uk/id/effect/key-ca57efbab5c5e833c34f35925a1657d4" AffectingNumber="22" AffectedClass="UnitedKingdomStatutoryInstrument" Type="power to amend conferred" EffectId="key-ca57efbab5c5e833c34f35925a1657d4" AffectingProvisions="s. 23" AffectedYear="2011" RequiresApplied="true" Row="323" AffectingYear="2021" AffectedProvisions="Regulations" Modified="2023-09-06T15:10:02Z" AffectingClass="UnitedKingdomPublicGeneralAct" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2021/22" AffectedNumber="99" AffectedURI="http://www.legislation.gov.uk/id/uksi/2011/99" AffectingEffectsExtent="E+W+S+N.I.">
<ukm:AffectedTitle>The Electronic Money Regulations 2011</ukm:AffectedTitle>
<ukm:AffectedProvisions>Regulations</ukm:AffectedProvisions>
<ukm:AffectingTitle>Financial Services Act 2021</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="section-23" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/23">s. 23</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="section-49-5" URI="http://www.legislation.gov.uk/id/ukpga/2021/22/section/49/5">s. 49(5)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification=""/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
</ukm:UnappliedEffects>
</ukm:SecondaryMetadata>
<ukm:Notes>
<ukm:Note IdURI="http://www.legislation.gov.uk/id/uksi/2011/99/notes"/>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/uksi/2011/99/pdfs/uksiem_20110099_en.pdf" Date="2012-07-25" Title="Explanatory Memorandum" Size="38316"/>
</ukm:Alternatives>
</ukm:Notes>
<ukm:Alternatives>
<ukm:Alternative URI="http://www.legislation.gov.uk/uksi/2011/99/pdfs/uksi_20110099_en.pdf" Date="2011-01-20" Size="280913"/>
</ukm:Alternatives>
<ukm:ImpactAssessments>
<ukm:ImpactAssessment URI="http://www.legislation.gov.uk/ukia/2011/522/pdfs/ukia_20110522_en.pdf" Date="2011-01-05" Title="Impact Assessment on draft E-Money Regulations" Stage="Final" Department="Her Majesty's Treasury" Year="2011" Number="522"/>
</ukm:ImpactAssessments>
<ukm:Statistics>
<ukm:TotalParagraphs Value="174"/>
<ukm:BodyParagraphs Value="86"/>
<ukm:ScheduleParagraphs Value="88"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="0"/>
</ukm:Statistics>
</proprietary>
</meta>
<portionBody period="#period3">
<part eId="part-6" period="#period5">
<num>
<strong>PART 6</strong>
</num>
<heading>THE AUTHORITY</heading>
<hcontainer name="crossheading" eId="part-6-crossheading-miscellaneous" period="#period2">
<heading>
<em>Miscellaneous</em>
</heading>
<hcontainer name="regulation" eId="regulation-61" period="#period1">
<num>61</num>
<heading>Authority's exemption from liability in damages</heading>
<content>
<p>
The functions of the Authority under these Regulations are to be treated for the purposes of
<ins class="substitution key-ac29e612089544c09c884b9335874c49-1541609244687 first">
<noteRef href="#key-ac29e612089544c09c884b9335874c49" marker="F1" class="commentary attribute F"/>
paragraph 25 (exemption from liability in damages) of Part 4 of Schedule 1ZA to the
</ins>
<abbr title="Financial Services and Markets Act 2000 c. 8" xml:lang="">
<ins class="substitution key-ac29e612089544c09c884b9335874c49-1541609244687 last">2000 Act</ins>
</abbr>
as functions conferred on the Authority under that Act.
</p>
</content>
</hcontainer>
</hcontainer>
</part>
</portionBody>
</portion>
</akomaNtoso>