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Regulation 52 Information prior to execution of individual payment transaction

Where an individual payment transaction under a framework contract is initiated by the payer, at the payer's request the payer's payment service provider must inform the payer of—

(a)

the maximum execution time;

(b)

the charges payable by the payer in respect of the payment transaction; and

(c)

where applicable, a breakdown of the amounts of such charges.

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)