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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2025 - onwards
Version 6 of 6

Regulation 3 Interpretation

(1) In these Regulations -

"agent" means a person who provides payment services on behalf of an electronic money institution;

"account information service" has the same meaning as it has in the Payment Services Regulations 2018;

"average outstanding electronic money" means the average total amount of financial liabilities related to electronic money in issue at the end of each calendar day over the preceding 6 calendar months, calculated on the first calendar day of each calendar month and applied for that calendar month;

"the Bank" means the Central Bank of Ireland;