# The Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018, Paragraph 55

Extent: E+W+S+N.I.

In regulation 123 (interpretation of Part 10)—
(a) in the definition of “compliance failure”, in paragraph (a), for “directive” substitute “ qualifying ”;
(b) omit the definition of “directive requirement”;
(c) after the definition of “general guidance” insert—
““qualifying requirement” means an obligation, prohibition or restriction imposed by regulation 61 (information on ATM withdrawal charges) or Part 8 (access to payment systems and bank accounts), with the exception of the obligation imposed on the FCA by regulation 105(5) (access to bank accounts);”;
(d) in the definition of “regulated person”, for “directive” substitute “ qualifying ”.

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Source: https://www.legislation.gov.uk/uksi/2018/1201/schedule/2/paragraph/55 (the official version)
Page: https://openlegislation.uk/electronic-money-payment-services-and-payment-systems-amendment-and-transitional-provisions-eu-exit-regulations-2018/schedule-2/paragraph-55
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.