{
  "url": "https://openlegislation.uk/financial-services-banking-reform-act-2013/section-54",
  "json_url": "https://openlegislation.uk/financial-services-banking-reform-act-2013/section-54.json",
  "legislation": "ukpga/2013/33",
  "legislation_title": "Financial Services (Banking Reform) Act 2013",
  "legislation_url": "https://openlegislation.uk/financial-services-banking-reform-act-2013",
  "path": "section/54",
  "kind": "section",
  "number": "54",
  "heading": "Directions",
  "text": "(1) The Payment Systems Regulator may give directions in writing to participants in regulated payment systems.\n(2) A direction given to a participant in a regulated payment system may—\n(a) require or prohibit the taking of specified action in relation to the system;\n(b) set standards to be met in relation to the system.\n(3) A direction under this section may apply—\n(a) generally,\n(b) in relation to—\n(i) all operators, or every operator of a regulated payment system of a specified description,\n(ii) all infrastructure providers, or every person who is an infrastructure provider in relation to a regulated payment system of a specified description, or\n(iii) all payment service providers, or every person who is a payment service provider in relation to a regulated payment system of a specified description, or\n(c) in relation to specified persons or persons of a specified description.\n(4) The Payment Systems Regulator must publish any direction given under this section that applies as mentioned in subsection (3)(a) or (b).\n(5) A direction under this section that applies as mentioned in subsection (3)(a) or (b) is referred to in this Part as a “general direction”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 54 in force at 1.3.2014 by S.I. 2014/377, art. 2(1)(a), Sch. Pt. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2013/33/section/54",
    "retrieved_at": "2026-10-29T09:07:58.389751+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."
}