Paragraph 16
In regulation 63 (prohibition on issuing electronic money by persons other than electronic money issuers), in paragraph (1)—
(a)
omit sub-paragraph (c);
(b)
in sub-paragraph (d), omit the words from “or exercising” to “EEA firms)”;
(c)
in sub-paragraph (f), omit the words from “the European” to the end.