# The Securities Financing Transactions, Securitisation and Miscellaneous Amendments (EU Exit) Regulations 2020, Regulation 45: The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018


(1) Regulation 3 of the Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 is amended as follows.
(2) In paragraph (2)—
(a) for sub-paragraph (a) substitute—
“(a) in the definition of “the 2009 European Regulation”, for “2009 European” substitute “2009”;”;
(b) for sub-paragraph (c) substitute—
“(c) for the definition of “the European Regulations” substitute—
““the Regulations” means the 2009 Regulation or the 2012 Regulation;””.
(3) For paragraph (3) substitute—
“(3) In regulations 4 to 18—
(a) for “European Regulations” each time it appears, substitute “Regulations”;
(b) for “2012 European Regulation” each time it appears, substitute “2012 Regulation”.”.
(4) Omit paragraph (4).

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Source: https://www.legislation.gov.uk/ukdsi/2020/9780348213614/regulation/45 (the official version)
Page: https://openlegislation.uk/draft-securities-financing-transactions-securitisation-and-miscellaneous-amendments-eu-exit-regulations-2020/regulation-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.