PART 7Rights and Obligations in Relation to the Provision of Payment Services
Authorisation of payment transactions
Consent and withdrawal of consent67
1
A payment transaction is to be regarded as having been authorised by the payer for the purposes of this Part only if the payer has given its consent to—
a
the execution of the payment transaction; or
b
the execution of a series of payment transactions of which that payment transaction forms part.
2
Such consent—
a
may be given before or, if agreed between the payer and its payment service provider, after the execution of the payment transaction;
b
must be given in the form, and in accordance with the procedure, agreed between the payer and its payment service provider; and
c
may be given via the payee or a payment initiation service provider.
3
The payer may withdraw its consent to a payment transaction at any time before the point at which the payment order can no longer be revoked under regulation 83 (revocation of a payment order).
4
Subject to regulation 83(3) to (5), the payer may withdraw its consent to the execution of a series of payment transactions at any time with the effect that any future payment transactions are not regarded as authorised for the purposes of this Part.