{
  "url": "https://openlegislation.uk/draft-payment-accounts-regulations-2015/schedule-3/paragraph-7",
  "json_url": "https://openlegislation.uk/draft-payment-accounts-regulations-2015/schedule-3/paragraph-7.json",
  "legislation": "ukdsi/2015/9780111140697",
  "legislation_title": "The Payment Accounts Regulations 2015",
  "legislation_url": "https://openlegislation.uk/draft-payment-accounts-regulations-2015",
  "path": "schedule/3/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": "Financial loss for consumers",
  "text": "(1) Subject to sub-paragraph (2), where a consumer suffers any financial loss as a direct result of the non-compliance of a payment service provider with any requirement provided for in paragraphs 3 to 5, the payment service provider must reimburse the full extent of the loss without delay.\n(2) The duty to reimburse provided for in sub-paragraph (1) does not apply in the case of unavoidable losses arising as a result of—\n(a) abnormal and unforeseeable circumstances beyond the control of the payment service provider; or\n(b) the payment service provider’s compliance with any statutory obligation.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2015/9780111140697/schedule/3/paragraph/7",
    "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."
}