Section 206 Saving for informal oversightI1

United Kingdom

(1)

Nothing in this Part prevents the Bank of England from having dealings with the operators of payment systems F1, DSA service providers F2, or persons who provide services in relation to payment systems, F3or DSA service providers to which this Part does not apply.

(2)

Nothing in this Part prevents the Bank from having dealings, other than through the provisions of this Part, with the operators of payment systems F4, DSA service providers F5, or persons who provide services in relation to payment systems, F6or DSA service providers to which this Part does apply.

Annotations

Textual amendments

F1: Words in s. 206(1) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 36(2)(a)
F2: Words in s. 206(1) inserted (30.11.2017) by The Banking Act 2009 (Service Providers to Payment Systems) Order 2017 (S.I. 2017/1167), arts. 1(2), 2(27)
F3: Words in s. 206(1) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 36(2)(b)
F4: Words in s. 206(2) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 36(3)(a)
F5: Words in s. 206(2) inserted (30.11.2017) by The Banking Act 2009 (Service Providers to Payment Systems) Order 2017 (S.I. 2017/1167), arts. 1(2), 2(27)
F6: Words in s. 206(2) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 36(3)(b)

Commencement

I1: S. 206 in force at 31.12.2009 by S.I. 2009/3000, art. 4, Sch. para. 5

Notes on Part 5

Textual amendments

F1: Word in Pt. 5 heading omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 2
F2: Words in Pt. 5 heading inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 2