Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2013 - onwards
  Version 2 of 2    

Article 9H Rules prohibiting the issue of electronic money at a discount

(1) The FCA may make rules applying to authorised persons with permission to carry on an activity of the kind specified by article 9B, prohibiting the issue of electronic money having a monetary value greater than the funds received.

(2) Section 138A of the Act (modification or waiver of rules) applies in relation to rules made under paragraph (1).

Comparing proposed amendment...