4C. For the purposes of section 101 of the 2013 Act (power of FCA to require the Regulator to refrain from specified action), in section 101(2)—
(a)the reference to “this Part” is to be read as including a reference to regulation 4A;
(b)the reference to “a participant in a regulated payment system” is to be read as a person referred to in regulation 4A(1).]
Textual Amendments