Regulation 3 Amendments of Payments in Euro (Credit Transfers and Direct Debits) Regulations 2012I1
The Payments in Euro (Credit Transfers and Direct Debits) Regulations 2012 M1 are amended as follows.
In regulation 2 (interpretation), in paragraph (1)—
in the definition of “the 2009 European Regulation”, for “2009 European” substitute “2009”;
in the definition of “the 2012 European Regulation”, for “2012 European” substitute “ 2012 ”;
for the definition of “the European Regulations” substitute—
““the Regulations” means the 2009 Regulation or the 2012 Regulation;”
In regulations 4 to 18—
for “European Regulations” each time it appears, substitute “Regulations”;
for “2012 European Regulation” each time it appears, substitute “2012 Regulation”.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Omit the following provisions—
in regulation 15 (guidance), paragraph (1)(a);
regulation 17 (exchange of information);
in regulation 18 (civil proceedings), paragraph (1);
regulation 19 (derogations under the 2012 European Regulation).
Annotations
Textual amendments
- F1
Reg. 3(2)(a) substituted (31.12.2020 immediately before IP completion day) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(4), 45(2)(a)
- F2
Reg. 3(2)(c) substituted (31.12.2020 immediately before IP completion day) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(4), 45(2)(b)
- F3
Reg. 3(3) substituted (31.12.2020 immediately before IP completion day) by The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(4), 45(3)
- F4
Reg. 3(4) omitted (31.12.2020 immediately before IP completion day) by virtue of The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020 (S.I. 2020/1385), regs. 1(4), 45(4)
Marginal citations
- M1
Commencement
- I1
Reg. 3 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1), see reg. 1(2)