The Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018 No. 1201

SCHEDULE 2 U.K. Amendments of subordinate legislation

PART 2 U.K. Amendments of Payment Services Regulations 2017

50.—(1) Regulation 106 (functions of the FCA) is amended as follows. U.K.

(2) In paragraph (1), omit the words from “is designated” to “paragraph (2), and”.

(3) Omit paragraph (2).

(4) In paragraph (3), omit the words from “, and to the extent” to “paragraph (1),”.

Commencement Information

I1 Sch. 2 para. 50 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)