{
  "url": "https://openlegislation.uk/financial-services-act-2021/section-44",
  "json_url": "https://openlegislation.uk/financial-services-act-2021/section-44.json",
  "legislation": "ukpga/2021/22",
  "legislation_title": "Financial Services Act 2021",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2021",
  "path": "section/44",
  "kind": "section",
  "number": "44",
  "heading": "Payment services and the provision of cash",
  "text": "In Part 2 of Schedule 1 to the Payment Services Regulations (S.I. 2017/752) (activities which do not constitute payment services), after paragraph 2 insert—\n“\n3 (1) The provision of cash otherwise than through an automatic teller machine does not constitute a payment service where—\n(a) there is a transfer of a corresponding amount from a payment account held by the recipient of the cash to a relevant person, and\n(b) the payment account is not provided by a relevant person.\n(2) In sub-paragraph (1), “relevant person” means—\n(a) where the cash is provided by a person (“P1”) through one or more persons acting on P1's behalf, P1 and each person acting (directly or indirectly) on P1's behalf;\n(b) where the cash is provided by a person (“P2”) otherwise than on behalf of another person or through one or more persons acting on P2's behalf, P2.\n(3) The execution of the transfer referred to in sub-paragraph (1)(a), and other services enabling that transfer, are not excluded from the meaning of payment services by this paragraph.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2021/22/section/44",
    "retrieved_at": "2026-10-29T08:58:30.216487+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."
}