{
  "url": "https://openlegislation.uk/draft-payment-accounts-regulations-2015/regulation-31",
  "json_url": "https://openlegislation.uk/draft-payment-accounts-regulations-2015/regulation-31.json",
  "legislation": "ukdsi/2015/9780111140697",
  "legislation_title": "The Payment Accounts Regulations 2015",
  "legislation_url": "https://openlegislation.uk/draft-payment-accounts-regulations-2015",
  "path": "regulation/31",
  "kind": "regulation",
  "number": "31",
  "heading": "Power of direction: procedure",
  "text": "(1) A direction given under regulation 30(1) takes effect—\n(a) immediately, if the notice given under paragraph (2) states that this is the case; or\n(b) on such date as may be specified in the notice.\n(2) If the Authority proposes to give a direction to a payment service provider (“A”) under regulation 30(1), or gives such a direction with immediate effect, it must give A written notice.\n(3) The notice must—\n(a) give details of the direction;\n(b) state the Authority’s reasons for giving the direction;\n(c) inform A that A may make representations to the Authority within such period as may be specified in the notice (whether or not A has referred the matter to the Tribunal);\n(d) inform A of when the direction takes effect;\n(e) inform A of the right to refer a matter to the Tribunal conferred by regulation 32.\n(4) The Authority may extend the period allowed under the notice for making representations.\n(5) The Authority must give A written notice if, having considered any representations made by P, the Authority decides—\n(a) to give the direction in the way proposed;\n(b) to rescind a direction that has been given and which took immediate effect;\n(c) not to rescind a direction that has been given and which took immediate effect;\n(d) not to give a direction that it had proposed to give; or\n(e) to give a different direction to the one that it had proposed to give.\n(6) A notice under paragraph (5)(a),(c) or (e) must inform A of A’s right to refer the matter to the Tribunal.\n(7) A notice given under paragraph (5)(e) must comply with paragraph (3).\n(8) Where a notice informs A of A’s right to refer a matter to the Tribunal, it must give an indication of the procedure on such a reference.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2015/9780111140697/regulation/31",
    "retrieved_at": "2026-10-30T15:09:03.167623+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}