{
  "url": "https://openlegislation.uk/payments-in-euro-credit-transfers-and-direct-debits-regulations-2012/regulation-2",
  "json_url": "https://openlegislation.uk/payments-in-euro-credit-transfers-and-direct-debits-regulations-2012/regulation-2.json",
  "legislation": "uksi/2012/3122",
  "legislation_title": "The Payments in Euro (Credit Transfers and Direct Debits) Regulations 2012",
  "legislation_url": "https://openlegislation.uk/payments-in-euro-credit-transfers-and-direct-debits-regulations-2012",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "(1) In these Regulations—\n“the 2000 Act” means the Financial Services and Markets Act 2000 ;\n“the Authority” means the Financial Conduct Authority;\n“the 2009 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 ;\n“the 2012 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 ;\n“the Regulations” means the 2009 Regulation or the 2012 Regulation;\n“payment services”, “payment service provider”, “payment service user” and “payment system” have the same meaning as in the Payment Services Regulations 2017.\n(2) 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.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 2(1) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 248(2)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Word in reg. 2(1) substituted (31.12.2020) by The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1199), regs. 1(2), 3(2)(a) (as substituted by S.I. 2020/1385, regs. 1(4), 45(2)(a)) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Word in reg. 2(1) substituted (31.12.2020) by The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1199), regs. 1(2), 3(2)(b) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in reg. 2(1) substituted (31.12.2020) by The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1199), regs. 1(2), 3(2)(b) (as substituted by S.I. 2020/1385, regs. 1(4), 45(2)(b)) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Word in reg. 2(1) substituted (13.1.2018) by The Payment Services Regulations 2017 (S.I. 2017/752), reg. 1(6), Sch. 8 para. 14 (with reg. 3)"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "2000 c.8. Relevant amending instruments are the Financial Services Act 2010 (c. 2), sections 12(1) to (4),13(1) to (4) and 24(1) and (2) and Schedule 2, paragraphs 1, 8 to 10, 15 to17, 20 and 26; S.I. 2009/209, S.I. 2010/22, S.I. 2011/99 and S.I. 2012/916."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "OJ No L 266, 9.10.2009, p.11."
    },
    {
      "type": "M",
      "label": "M3",
      "text": "OJ No L 94, 30.3.2112, p.22."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2012/3122/regulation/2",
    "retrieved_at": "2026-10-29T01:10:18.862264+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}