# The Payment Accounts Regulations 2015, Paragraph 1: Interpretation


In this Schedule—
“designation certificate” means a certificate issued by the Regulator pursuant to paragraph 3;
“the operator” means the operator of a switching service which has been designated as an alternative arrangement;
“the Regulator” means the Payment Systems Regulator.

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111140697/schedule/4/paragraph/1 (the official version)
Page: https://openlegislation.uk/draft-payment-accounts-regulations-2015/schedule-4/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.