Regulation 11C Business intermediariesF1

(1)

The relevant data for a data-holder of the type described in paragraph 13C of Schedule 23 are—

(a)

in relation to suppliers—

(i)

information relating to transactions that the data-holder enabled or facilitated; and

(ii)

information that the Commissioners consider is likely to assist them to quantify or otherwise determine the quantity or value of transactions of suppliers, whether or not the data-holder processed the payment for those transactions;

(b)

identifying information relating to suppliers for whom the data-holder enables or facilitates transactions; and

(c)

identifying information relating to an account or system into which payments are credited to, or on behalf of, suppliers by the data-holder.

(2)

In this regulation “suppliers” has the meaning given by paragraph 13C of Schedule 23.

Annotations

Textual amendments

F1: Regs. 11B, 11C inserted (1.11.2016) by The Data-gathering Powers (Relevant Data) (Amendment) Regulations 2016 (S.I. 2016/979), regs. 1, 5