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Section 81 Power to obtain information or documentsI1C1C2

(1)

The Payment Systems Regulator may by notice in writing require a person to provide information or documents—

(a)

which the Payment Systems Regulator thinks will help the Treasury in determining whether to make a designation order, or

(b)

which the Payment Systems Regulator otherwise requires in connection with its functions under this Part.

(2)

In particular, a notice under subsection (1) may require a participant in a regulated payment system to notify the Payment Systems Regulator if events of a specified kind occur.

(3)

A notice under subsection (1) may require information or documents to be provided—

(a)

in a specified form or manner;

(b)

at a specified time;

(c)

in respect of a specified period.

Annotations

Modifications

C1

Ss. 81-93 applied (with modifications) (9.12.2015) by The Payment Card Interchange Fee Regulations 2015 (S.I. 2015/1911), regs. 1, 14(1)

C2

Ss. 81-93 applied (with modifications) (13.1.2018) by The Payment Services Regulations 2017 (S.I. 2017/752), regs. 1(6), 135(1) (with reg. 3)

Commencement

I1

S. 81 in force at 1.3.2014 by S.I. 2014/377, art. 2(1)(a), Sch. Pt. 1