# The Payment Accounts (Amendment) (EU Exit) Regulations 2018, Regulation 16: Amendment of Schedule 7


(1) In Schedule 7 (application and modification of legislation), Part 1 (application and modification of the Act) is amended as follows.
(2) In paragraph 2 (information gathering and investigations)—
(a) in sub-paragraph (8)(c), after “services” insert “as defined in regulation 2(1) of the Payment Services Regulations 2017, as amended from time to time”;
(b) in sub-paragraph (10)(a)—
(i) omit “in a member State other than the United Kingdom”;
(ii) at the end insert “, as it has effect in EU law”.
(3) In paragraph 4 (warning notices and decision notices), in sub-paragraph (6)(b)—
(a) omit “(7A),”;
(b) after “(8A)” insert “, (8AA)”.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111174296/regulation/16 (the official version)
Page: https://openlegislation.uk/draft-payment-accounts-amendment-eu-exit-regulations-2018/regulation-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.