- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
4.—(1) The Authority must maintain a register of—
(a)authorised payment institutions and their EEA branches;
(b)small payment institutions;
(c)agents of authorised payment institutions and small payment institutions required to be registered under regulation 29; and
(d)the persons specified in regulation 3(1) where they provide payment services.
(2) The Authority may include on the register any of the persons mentioned in paragraphs (c) to (h) of the definition of a payment service provider in regulation 2(1) where such persons provide payment services.
(3) Where a person mentioned in paragraph (f), (g) or (h) of the definition of a payment service provider in regulation 2(1)—
(a)is not included on the register; and
(b)provides, or proposes to provide, payment services,
the person must give notice to the Authority.
(4) The Authority may—
(a)keep the register in any form it thinks fit;
(b)include on it such information as the Authority considers appropriate, provided that the register identifies the payment services for which an institution is authorised or registered under this Part; and
(c)exploit commercially the information contained in the register, or any part of that information.
(5) The Authority must—
(a)publish the register online and make it available for public inspection;
(b)update the register on a regular basis; and
(c)provide a certified copy of the register, or any part of it, to any person who asks for it—
(i)on payment of the fee (if any) fixed by the Authority; and
(ii)in a form (either written or electronic) in which it is legible to the person asking for it.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: