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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 30 April 2011 - onwards
  Version 3 of 3    

Regulation 45 Prohibition of interest

An electronic money issuer must not award -

(a) interest in respect of the holding of electronic money; or

(b) any other benefit related to the length of time during which an electronic money holder holds electronic money.

Comparing proposed amendment...