(1) Regulation 3 of the Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 [S.I. 2018/1199.] is amended as follows.

(2) In paragraph (2) -

(a) for sub-paragraph (a) substitute -

“(a) in the definition of “the 2009 European Regulation”, for “2009 European” substitute “2009”;”;

(b) for sub-paragraph (c) substitute -

“(c) for the definition of “the European Regulations” substitute -

““the Regulations” means the 2009 Regulation or the 2012 Regulation;””.

(3) For paragraph (3) substitute -

“(3) In regulations 4 to 18 -

(a) for “European Regulations” each time it appears, substitute “Regulations”;

(b) for “2012 European Regulation” each time it appears, substitute “2012 Regulation”.”.

(4) Omit paragraph (4).