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The Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018
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- UK Statutory Instruments
- 2018 No. 1201
- Whole Instrument without Schedules
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Citation and commencement
1.—(1) These Regulations may be cited as the Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018.
(2) Except as provided by paragraph (3), these regulations come into force on the day after the day on which they are made.
(3) Regulations 2 and 3(1) and Schedules 1 and 2 come into force on exit day.
Amendments of primary legislation
2. Schedule 1 contains amendments of primary legislation.
Amendments of subordinate legislation and related transitional provisions
3.—(1) Schedule 2 contains amendments of subordinate legislation.
(2) Schedule 3 contains transitional provisions related to those amendments.
Saving provision relating to tax
4. For the purposes of an enactment relating to taxation—
(a)the provision made by these Regulations is to be treated as not having been made, and
(b)where, by virtue of these Regulations, a person ceases to be a person of a particular description, the person is to be treated as continuing to be a person of that description.
Rebecca Harris
Paul Maynard
Two of the Lords Commissioners of Her Majesty’s Treasury
19th November 2018
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