# Financial Services (Banking Reform) Act 2013, Section 71: Meaning of “compliance failure”

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

In this Part “compliance failure” means a failure by a participant in a regulated payment system to—
(a) comply with a direction given under section 54, ...
(b) comply with a requirement imposed under section 55 or 56 ; or
(c) comply with rules made by the Regulator under paragraph 9A of Schedule 4.

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Source: https://www.legislation.gov.uk/ukpga/2013/33/section/71 (the official version)
Page: https://openlegislation.uk/financial-services-banking-reform-act-2013/section-71
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.