The Payment Card Interchange Fee Regulations 2015, Section 7 is up to date with all changes known to be in force on or before 01 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
7. Before publishing details of a compliance failure by a regulated person under regulation 5(a) or imposing a penalty on a regulated person under regulation 6, the Payment Systems Regulator must—
(a)give the person a notice in writing,
(b)give the person at least 21 days to make representations,
(c)consider any representations made, and
(d)as soon as is reasonably practicable, give the person a notice in writing stating whether or not it intends to publish the details or impose the penalty.
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