Paragraph 10 Payment Services Regulations 2009

In regulation 62 of the Payment Services Regulations 2009 (payer's liability for unauthorised payment transaction) M1, for paragraph (4) substitute—

“(4)

In paragraph (3)(c)—

• “distance contract” means a distance contract as defined by regulation 5 of the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013;

• “excepted contract” means a contract that—

  1. (a)

     falls to any extent within regulation 6(1) of those Regulations, or

  2. (b)

     falls within regulation 6(2) of those Regulations.”