# Directive 2009/110/EC of the European Parliament and of the Council of 16 September 2009 on the taking up, pursuit and prudential supervision of the business of electronic money institutions amending Directives 2005/60/EC and 2006/48/EC and repealing Directive 2000/46/EC (Text with EEA relevance), Article 12: Prohibition of interest

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

Member States shall prohibit the granting of interest or any other benefit related to the length of time during which an electronic money holder holds the electronic money.

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Source: https://www.legislation.gov.uk/eudr/2009/110/article/12 (the official version)
Page: https://openlegislation.uk/eu-directive-2009-110/article-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.