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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 13 January 2018 - onwards
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Regulation 62 Information on additional charges or reductions.

Revoked from 13 January 2018

(1) Where a payee imposes a charge or offers a reduction for the use of a particular payment instrument, the payee shall so inform the payer concerned before the initiation of a relevant payment transaction.

(2) Where a payment service provider or a third party imposes a charge for the use of a particular payment instrument, the provider or third party shall so inform the payment service user concerned before the initiation of a relevant payment transaction.

Comparing proposed amendment...