# Financial Services (Banking Reform) Act 2013, Section 46: Amendment of designation order

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

(1) The Treasury may amend a designation order.
(2) Before amending a designation order made in respect of a payment system, the Treasury must—
(a) consult the Payment Systems Regulator and, if the payment system is a recognised ... payment system, the Bank of England,
(b) notify the operator of the payment system, and
(c) consider any representations made.
(3) The Treasury must consider any request by the operator of a regulated payment system for the amendment of its designation order.

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Source: https://www.legislation.gov.uk/ukpga/2013/33/section/46 (the official version)
Page: https://openlegislation.uk/financial-services-banking-reform-act-2013/section-46
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.