The Electronic Money Regulations 2011 No. 99

SCHEDULE 4 Amendments to primary and secondary legislation

PART 2 Amendments to secondary legislation

The Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001

11.  The Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001(1) are amended as follows—

(a) in regulation 1(2) omit the definition of “electronic money institution”;

(b) in regulation 2(3)(d) omit “except where the firm is an electronic money institution,”; and

(c) in regulation 2(4)(a)(ii) omit “(other than an electronic money institution)”.

(1)

S.I.2001/2511; a relevant amending instrument is S.I. 2002/765.