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Regulation 33 Payment accounts and sums received for the execution of payment transactions

Any payment account held by an authorised payment institution or a small payment institution must be used only in relation to payment transactions.

Notes on the whole SI

Textual amendments

F1

Regulations revoked (14.12.2023 for the revocation of reg. 158) 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)(xix)