(1) Where a payment service user is not a consumer, the payment service user and the payment service provider concerned -

(a) may agree that Regulation 86(1) and (2), Regulation 88(5) and (6), and Regulations 96, 98, 100, 101, 104, 112 and 113 do not apply in whole or in part, and

(b) may agree on time limits that are different from those laid down in Regulation 95.

(2) This Part applies to a micro enterprise as it applies to a consumer.

(3) For the purposes of this Part, an undertaking shall be taken to be a micro enterprise -

(a) for the purposes of a payment transaction, where it satisfies the definition of a micro enterprise in the Commission Recommendation at the time of initiation of the transaction, and

(b) for the purposes of a framework contract, where it satisfies the definition of a micro enterprise in the Commission Recommendation at the time of entering into the framework contract.