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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 29 August 2023 - onwards
  Version 5 of 5    

Schedule 6, Part 2 Amendments to secondary legislation (paras. 2-6)

Revoked from 29 August 2023

Regulation 126

The Cross Border Credit Transfer Regulations 1999

2. The Cross Border Credit Transfer Regulations 1999 [S.I. 1999/1876.] are revoked.

The Consumer Protection (Distance Selling) Regulations 2000

3. Regulation 21 of the Consumer Protection (Distance Selling) Regulations 2000 [S.I. 2000/2334.] is revoked.

The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

4. The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 [S.I. 2001/544; relevant amending instruments are S.I. 2002/682, 2002/1776.] is amended as follows -

(a) after article 9AA insert the following article -

"9AB. Funds received for payment services

(1) A sum is not a deposit for the purposes of article 5 if it is received by an authorised payment institution, an EEA authorised payment institution or a small payment institution from a payment service user with a view to the provision of payment services.

(2) For the purposes of paragraph (1), "authorised payment in

Comparing proposed amendment...