# The Electronic Money Regulations 2011, Regulation 45: Prohibition of interest


An electronic money issuer must not award—
(a) interest in respect of the holding of electronic money; or
(b) any other benefit related to the length of time during which an electronic money holder holds electronic money.

---
Source: https://www.legislation.gov.uk/uksi/2011/99/regulation/45 (the official version)
Page: https://openlegislation.uk/electronic-money-regulations-2011/regulation-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.