# The Payment Services Regulations 2017, Regulation 102: Application of regulation 103


(1) Regulation 103 does not apply to the following kinds of payment systems—
(a) a designated system;
(b) a payment system consisting solely of payment service providers belonging to the same group.

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Source: https://www.legislation.gov.uk/uksi/2017/752/regulation/102 (the official version)
Page: https://openlegislation.uk/payment-services-regulations-2017/regulation-102
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.