# The Payment Services Regulations 2017, Regulation 139: False claims to be a payment service provider or exempt


(1) A person who does not fall within any of sub-paragraphs (a) to (f) of regulation 138(1) may not—
(a) describe themselves (in whatever terms) as a person falling within any of those sub-paragraphs; or
(b) behave, or otherwise hold themselves out, in a manner which indicates (or which is reasonably likely to be understood as indicating) that they are such a person.
(2) A person who contravenes paragraph (1) is guilty of an offence and is liable on summary conviction to imprisonment for a term not exceeding three months or to a fine, which in Scotland or Northern Ireland may not exceed level 5 on the standard scale, or both.

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Source: https://www.legislation.gov.uk/uksi/2017/752/regulation/139 (the official version)
Page: https://openlegislation.uk/payment-services-regulations-2017/regulation-139
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.