# The Payment Services Regulations 2017, Paragraph 3


(1) The provision of cash otherwise than through an automatic teller machine does not constitute a payment service where—
(a) there is a transfer of a corresponding amount from a payment account held by the recipient of the cash to a relevant person, and
(b) the payment account is not provided by a relevant person.
(2) In sub-paragraph (1), “relevant person” means—
(a) where the cash is provided by a person (“P1”) through one or more persons acting on P1's behalf, P1 and each person acting (directly or indirectly) on P1's behalf;
(b) where the cash is provided by a person (“P2”) otherwise than on behalf of another person or through one or more persons acting on P2's behalf, P2.
(3) The execution of the transfer referred to in sub-paragraph (1)(a), and other services enabling that transfer, are not excluded from the meaning of payment services by this paragraph.

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Source: https://www.legislation.gov.uk/uksi/2017/752/schedule/1/paragraph/3 (the official version)
Page: https://openlegislation.uk/payment-services-regulations-2017/schedule-1/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.