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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 13 January 2018 - onwards
  Version 7 of 7    

Regulation 99 Payment Systems Regulator power to require information

Revoked from 13 January 2018

(1) For the purposes of an investigation under regulation 98 the Payment Systems Regulator may require any person -

(a) to produce to it or to a person appointed by it, at a specified time and place, any specified document, or

(b) to provide to it or to a person appointed by it, at a specified time and place, any specified information,

which the Payment Systems Regulator considers relates to any matter relevant to the investigation.

(2) The power conferred by paragraph (1) is to be exercised by a notice indicating the subject matter and purpose of the investigation.

(3) Information required to be provided under paragraph (1) must be provided in the specified manner and form, or, if that is not possible, in the nearest equivalent manner and form.

(4) The power conferred by paragraph (1) to require a person to produce a document includes power -

(a) to require them to provide an explanation of the document, or

(b) if the document is not produced, to require them to state, to the bes

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