# The Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018, Paragraph 55


In regulation 123 (interpretation of Part 10)—
(a) in the definition of “compliance failure”, in paragraph (a), for “directive” substitute “qualifying”;
(b) omit the definition of “directive requirement”;
(c) after the definition of “general guidance” insert—
““qualifying requirement” means an obligation, prohibition or restriction imposed by regulation 61 (information on ATM withdrawal charges) or Part 8 (access to payment systems and bank accounts), with the exception of the obligation imposed on the FCA by regulation 105(5) (access to bank accounts);”;
(d) in the definition of “regulated person”, for “directive” substitute “qualifying”.

---
Source: https://www.legislation.gov.uk/ukdsi/2018/9780111173008/schedule/2/paragraph/55 (the official version)
Page: https://openlegislation.uk/draft-electronic-money-payment-services-and-payment-systems-amendment-and-transitional-provisions-eu-exit-regulations-2018/schedule-2/paragraph-55
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

