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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 13 January 2018 - onwards
  Version 5 of 5    

Regulation 40 Prior general information for framework contracts

Revoked from 13 January 2018

(1) A payment service provider must provide to the payment service user the information specified in Schedule 4, either -

(a) in good time before the payment service user is bound by the framework contract; or

(b) where the contract is concluded at the payment service user's request using a means of distance communication which does not enable provision of such information in accordance with sub-paragraph (a), immediately after the conclusion of the contract.

(2) The payment service provider may discharge the duty under paragraph (1) by supplying a copy of the draft framework contract provided that such contract includes the information specified in Schedule 4.

Comparing proposed amendment...