(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 these Regulations as if -
(a) references to Part 5 of the 2013 Act were references to these Regulations;
(b) references to a participant in a regulated payment system were references to a regulated person;
(c) references to a compliance failure were references to a compliance failure as defined in regulation 123 (interpretation of this Part);
(d) in section 81 (power to obtain information or documents) -
(i) subsection (1)(a) were omitted
(ii) in subsection (1)(b), "otherwise" were omitted; and
(iii) after subsection (3) there were inserted -
"(4) A notice under subsection (1) requiring information must specify the purpose for which the information is required and the time within which the information is to be provided.".
(e) in section 82(1) (reports by skilled persons) the reference to participation in a p
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