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Item |
Provision affected |
Amendment |
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1. |
Substitute the following paragraph for paragraphs (7) to (11): |
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"(7) A decision of the Bank refusing to transmit the relevant information to the competent authority of the Member State concerned is an appealable decision for the purposes of Part VIIA of the Central Bank Act 1942.". |
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2. |
Substitute the following paragraphs for paragraphs (5) to (11): |
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"(5) The Bank may at any time, by notice given in writing to the electronic money institution concerned, vary or revoke a direction given under Regulation 27(3). |
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(6) The Bank may, by giving a further direction in writing, extend the period of operation of a direction given under Regulation 27(3), for such further period, not exceeding 12 months from the date the direction started to have effect, as the Bank considers appropriate. |
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(7) A direction given under Regulation 27(3) ceases to | |
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 August 2004 - onwards