# The Electronic Money Regulations 2011, Regulation 46: Termination of a contract


For the purposes of this Part a contract between an electronic money issuer and an electronic money holder terminates when the right to use electronic money for the purpose of making payment transactions ceases.

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Source: https://www.legislation.gov.uk/uksi/2011/99/regulation/46 (the official version)
Page: https://openlegislation.uk/electronic-money-regulations-2011/regulation-46
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.