Regulation 2 Interpretation

In these Regulations—

• “the 2000 Act” means the Financial Services and Markets Act 2000 M1;

• “the Authority” means the F1Financial Conduct Authority;

• “the F22009 Regulation” means Regulation (EC) No 924/2009 of the European Parliament and of the Council on cross-border payments in the Community and repealing Regulation 2560/2001 M2;

• “the F32012 Regulation” means Regulation (EU) No 260/2012 of the European Parliament and of the Council on establishing technical and business requirements for credit transfers and direct debits in euro and amending Regulation (EC) No 924/2009 M3;

• F4“the Regulations” means the 2009 Regulation or the 2012 Regulation;

• “payment services”, “payment service provider”, “payment service user” and “payment system” have the same meaning as in the Payment Services Regulations F52017.

Expressions used in these Regulations and in a modification to a provision in primary or secondary legislation applied by these Regulations have the same meaning as in these Regulations.