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Paragraph 61 I1

United Kingdom

In regulation 138 (prohibition on provision of payment services by persons other than payment service providers), in paragraph (1)—

(a)

omit sub-paragraph (d);

(b)

in sub-paragraph (e) omit the words from “or exercising” to the end;

(c)

in sub-paragraph (f), omit paragraph (ii) and the “or” immediately before it;

(d)

in sub-paragraph (h), omit the words from “the European” to the end.

Annotations

Commencement

I1

Sch. 2 para. 61 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)