Regulation 15 General provisions

The rights conferred and duties imposed by these Regulations are in addition to any other rights or duties conferred or imposed by law, including rights or duties under any contract.

Where it is provided in regulation 4(1) that a term is implied in the contract entered into between an institution and its customer it is so implied irrespective of the law which governs the contract.

Subject to regulation 4(3), in determining for the purposes of these Regulations the equivalent in another EEA currency of an amount denominated in euro, the applicable exchange rate shall be that applied by the originator’s institution at the commencement date.