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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2024 - onwards
Version 6 of 6

Regulation 14 Information and investigation

(1) Sections 81 to 93 of the 2013 Act (information and investigation powers and disclosure of information) apply for the purposes of the Payment Systems Regulator's functions under the interchange fee regulation and these Regulations as if -

(a) references to Part 5 of the 2013 Act were references to the interchange fee regulation and these Regulations;

(b) references to a participant in a regulated payment system were references to a regulated person and references to participation in a payment system were references to compliance with the interchange fee regulation read together with regulation 23 and with a direction given under regulation 4A;

(c) references to a compliance failure were references to a compliance failure as defined in regulation 2(1);

(d) in section 81 (power to obtain information or documents), subsection (1)(a) were omitted;

(e) in section 83 (appointment of persons to conduct investigations), subsection (1) were omitted;