(1) This Part applies to a contract for payment services where -
(a) the services are provided from an establishment maintained by a payment service provider or its agent in the United Kingdom;
(b) the payment service providers of both the payer and the payee are located within the EEA; and
(c) the payment services are carried out either in euro or in the currency of an EEA State that has not adopted the euro as its currency.
(2) Regulations 36 to 39 apply to payment services provided under a single payment service contract.
(3) Regulations 40 to 46 apply to payment services provided under a framework contract.
(4) Except where the payment service user is -
(b) a micro-enterprise, or
the parties may agree that any or all of the provisions of this Part do not apply to a contract for payment services.