{
  "url": "https://openlegislation.uk/electronic-money-payment-services-and-payment-systems-amendment-and-transitional-provisions-eu-exit-regulations-2018/schedule-2/paragraph-35",
  "json_url": "https://openlegislation.uk/electronic-money-payment-services-and-payment-systems-amendment-and-transitional-provisions-eu-exit-regulations-2018/schedule-2/paragraph-35.json",
  "legislation": "uksi/2018/1201",
  "legislation_title": "The Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018",
  "legislation_url": "https://openlegislation.uk/electronic-money-payment-services-and-payment-systems-amendment-and-transitional-provisions-eu-exit-regulations-2018",
  "path": "schedule/2/paragraph/35",
  "kind": "paragraph",
  "number": "35",
  "heading": null,
  "text": "(1) Regulation 40 (application of Part 6) is amended as follows.\n(2) In paragraph (1)(b)—\n(a) in paragraph (i)—\n(i) for “the EEA” substitute “ the United Kingdom ”;\n(ii) for “the currency of an EEA State” substitute “ sterling ”;\n(b) after paragraph (i) insert—\n“(ia) the payment service providers of both the payer and the payee are located within the qualifying area and the service relates to a transaction in euro executed under a payment scheme which operates across the qualifying area;”,\n(c) in paragraph (ii)—\n(i) for “the EEA” substitute “ the United Kingdom ”;\n(ii) for “the currency of an EEA State” substitute “ sterling or euro ”;\n(d) in paragraph (iii), for “EEA” substitute “ United Kingdom and the case does not fall within paragraph (ia) ”.\n(3) After paragraph (1) insert—\n“(1A) In paragraph (1)(b)(ia)—\n(a) “payment service provider” includes any person who is a PSP as defined in Article 2(8B) of the SEPA regulation;\n(b) “the qualifying area” means the area of the United Kingdom and the EEA States.”\n(4) In paragraphs (2)(a) and (3)(a), for “EEA” substitute “ United Kingdom ”.\n(5) In paragraph (4), omit “or EEA registered account information service providers”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 35 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2018/1201/schedule/2/paragraph/35",
    "retrieved_at": "2026-10-28T22:52:03.951962+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."
}