- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
2.—(1) The 2000 Act is amended as follows.
(2) In Part 14 (disciplinary measures), in section 206A(2) (suspending permission to carry on regulated activities etc) in the definition of “relevant requirement” omit the word “or” before paragraph (b) and after that paragraph insert—
“(c)by the Payment Services Regulations 2009; or
(d)by the Electronic Money Regulations 2011.”.
(3) In Part 16 (the ombudsman scheme)—
(a)in section 226(2)(b)(1) (compulsory jurisdiction), after “authorised person,” insert “or an electronic money issuer within the meaning of the Electronic Money Regulations 2011”; and
(b)in section 234(1)(2) (industry funding), after “class of authorised person” insert “, any electronic money issuer within the meaning of the Electronic Money Regulations 2011”.
(4) In Part 28 (miscellaneous)—
(a)in section 404(2) (consumer redress schemes)(3), as substituted by section 14 of the Financial Services Act 2010, omit the word “or” before paragraph (b) and at the end of that paragraph insert—
“or
electronic money issuers.”;
(b)in section 404E (meaning of “consumers”)—
(i)in subsection (2) omit the word “or” before paragraph (f) and at the end of that paragraph insert—
“or
electronic money issuers in issuing electronic money.”; and
(ii)in subsection (6), after the definition of “engage in any investment activity” insert—
““electronic money” has the same meaning as in the Electronic Money Regulations 2011 and any reference to issuing electronic money must be read accordingly;”.
(5) In section 404F (other definitions etc)—
(i)after subsection (6) insert—
“(6A) References in sections 404 and 404E to an “electronic money issuer” are references to a person mentioned in paragraph (a), (b), (c), (d), (h) or (i) of the definition of “electronic money issuer” in regulation 2(1) of the Electronic Money Regulations 2011.”; and
(ii)in subsection (8), in paragraph (a) omit the word “or” before paragraph (b) and at the end of that paragraph insert—
“or
the variation under regulation 8 or 11 of the Electronic Money Regulations 2011 of an authorisation under those regulations.”.
(6) In paragraph 12 of Schedule 1A (further provision about the consumer financial education body)(4)—
(a)in the cross heading preceding paragraph 12 for “or payment service providers” substitute—
(b)in sub-paragraph (1)(a) after “authorised persons” insert “, electronic money issuers”;
(c)in sub-paragraph (1)(b) after “authorised person” insert “, electronic money issuer”; and
(d)after sub-paragraph (4) insert—
“(4A) “Electronic money issuer” means a person who is an electronic money issuer for the purposes of the Electronic Money Regulations 2011 as a result of falling within any of paragraphs (a) to (e) and (h) to (j) of the definition in regulation 2(1).”.
(7) In paragraph 8(6) of Schedule 11A (transferable securities)(5) for “4(1)(a)” substitute “4(1)”.
(8) In paragraph 13(4) of Schedule 17 (the ombudsman scheme)(6), after “an authorised person,” insert “an electronic money issuer within the meaning of the Electronic Money Regulations 2011”.
Section 226(2)(b) was amended by S.I. 2009/209.
Section 234(1) was amended by S.I. 2009/209.
Section 404, together with sections 404A to 404G, was substituted by section 14 of the Financial Services Act 2010 (c.28).
Schedule 1A was inserted by Schedule 1 to the Financial Services Act 2010.
Schedule 11A was inserted by S.I. 2005/1433.
Paragraph 13(4) of Schedule 17 was amended by S.I. 2009/209.
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
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Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:
liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys