SCHEDULE 2Amendments of subordinate legislation

PART 1Amendments of Electronic Money Regulations 2011

I114

In regulation 37 (duty to notify change in circumstance), in paragraph (1)(a), for the words from “institution” to the end substitute “ institution, its fulfilment of any of the conditions set out in regulation 6(4) to (8) or the requirement in regulation 19(1) to maintain own funds ”.