{
  "url": "https://openlegislation.uk/eu-regulation-2018-72/article-4",
  "json_url": "https://openlegislation.uk/eu-regulation-2018-72/article-4.json",
  "legislation": "eur/2018/72",
  "legislation_title": "Commission Delegated Regulation (EU) 2018/72 of 4 October 2017 supplementing Regulation (EU) 2015/751 of the European Parliament and of the Council on interchange fees for card-based payment transactions with regard to regulatory technical standards establishing the requirements to be complied with by payment card schemes and processing entities to ensure the application of independence requirements in terms of accounting, organisation and decision-making process (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2018-72",
  "path": "article/4",
  "kind": "article",
  "number": "4",
  "heading": "Allocation of expenses and revenues",
  "text": "1. The financial information referred to in Article 3(1) shall be based on an allocation of expenses and revenues between the payment card scheme and the processing entity in accordance with the following rules:\n(a) expenses and revenues that are directly attributable to the provision of processing services shall be allocated to the processing entity;\n(b) expenses and revenues that are directly attributable to the payment card scheme shall be allocated to the payment card scheme;\n(c) expenses and revenues that are not directly attributable to the provision of processing services or to the payment card scheme shall be allocated on an activity-based costing (‘ABC’), which involves allocating indirect costs and revenues according to the actual consumption by the processing services entity or by the payment card scheme;\n(d) expenses and revenues that are not directly attributable and cannot be allocated on ABC shall be allocated according to an accounting methodology documented in a supporting note.\n2. The supporting note referred to in paragraph 1(d) shall indicate for each allocated cost and revenue under that methodology:\n(a) the basis for the allocation;\n(b) the rationale for that basis.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2018/72/article/4",
    "retrieved_at": "2026-11-01T14:44:18.674543+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}