Paragraph 43 I1

United Kingdom

(1)

Regulation 85 (application of regulations 86 to 88) is amended as follows.

(2)

In paragraph (1)—

(a)

for sub-paragraph (a) substitute—

“(a)
executed wholly within the qualifying area in euro under a payment scheme which operates across the qualifying area”;

(b)

at the beginning of sub-paragraph (c) insert “ executed wholly under a payment scheme which operates across the qualifying area and ”.

(3)

After paragraph (2) insert—

“(3)
In paragraph (1), “the qualifying area” means the area of the United Kingdom and the EEA States.”

Annotations

I1: Sch. 2 para. 43 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)