Regulation 8 Fee information document
Without affecting the requirements of—
F1Part 6 (information requirements for payment services) of the Payment Services Regulations;
any rules made by the Authority under Part 9Af1 (rules and guidance) of the Act for the purposes of implementing Article 12 of Directive 2008/48/EC of the European Parliament and of the Council on credit agreements for consumersf2; F2as amended immediately before IP completion day
regulations 3f3 (information to be disclosed: agreements other than telephone contracts, non-telephone distance contracts, excluded pawn agreements and overdraft agreements), 4 (information to be disclosed: telephone contracts), 5 (information to be disclosed: non-telephone distance contracts), 10f4 and 11(information to be disclosed: overdraft agreements) of the Consumer Credit (Disclosure of Information) Regulations 2010f5; and
any payment service provider that offers a payment account must ensure that, in good time before entering into a contract for a payment account with a consumer, it provides the consumer with a fee information document.
Schedule 1 makes further provision regarding the fee information document.
Annotations
Textual amendments
- F1
Words in reg. 8(1)(a) substituted (13.1.2018) by The Payment Services Regulations 2017 (S.I. 2017/752), reg. 1(6), Sch. 8 para. 25(b) (with reg. 3)
- F2
Words in reg. 8(1)(b) inserted (31.12.2020) by The Payment Accounts (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/661), regs. 1(3), 8 (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1) (as amended by S.I. 2020/1301, regs. 1, 3 Sch. para. 36)
Footnotes
- f1
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Part 9A was substituted for the original Part 10 (sections 138-164) by section 24(1) of the Financial Services Act 2012.
- f2
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OJ No L 133, 22.5.2008, p66.
- f3
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Regulation 3 was amended by S.I. 2010/1969 and S.I. 2013/1881.
- f4
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Regulation 10 was amended by S.I. 2010/1969 and S.I. 2011/11.
- f5
- f6
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Section 55C was inserted by S.I. 2010/1010 and amended by S.I. 2013/1881 and S.I. 2015/910.
- f7
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Section 61B was inserted by S.I. 2010/1010.
- f8
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 44) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xiv)