1 After Part 8A of FSMA 2000 (short selling) insert -
This Part -
(a) requires the Treasury to publish a statement of policy concerning cash deposit and withdrawal services,
(b) enables the Treasury to designate persons involved in the provision of such services, and
(c) gives the FCA functions in relation to designated persons.
131N Cash access services and coordination arrangements
(1) This section defines "cash”, "cash access service”, "free cash access service” and "cash access coordination arrangements” for the purposes of this Part.
(2) "Cash" means -
(a) banknotes issued by the Bank of England, or an authorised bank in its capacity as an issuer of banknotes in Scotland or Northern Ireland (see Part 6 of the Banking Act 2009), or
(b) coins made by the Mint, within the meaning of the Coinage Act 1971 (see section 11 of that Act).
(3) A "cash access service" is -
(a) a service which enables cash to be place
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