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Paragraph 61

Original text. Later amendments are not shown.

In regulation 138 (prohibition on provision of payment services by persons other than payment service providers), in paragraph (1)—

(a)

omit sub-paragraph (d);

(b)

in sub-paragraph (e) omit the words from “or exercising” to the end;

(c)

in sub-paragraph (f), omit paragraph (ii) and the “or” immediately before it;

(d)

in sub-paragraph (h), omit the words from “the European” to the end.