http://www.legislation.gov.uk/ukpga/2009/1/section/184Banking Act 2009An Act to make provision about banking.texttext/xmlenStatute Law Database2026-02-20Expert Participation2026-01-19
Banking Act 2009s. 4(8A) (8B)Financial Services Act 2012s. 96(3)Sch. 20s. 122(3)Banking Act 2009s. 8(2)(d) and wordFinancial Services Act 2012s. 96(4)(b)Sch. 20s. 122(3)
Part 5<CommentaryRef Ref="key-2e568712c058f911951f9ff34916ca00"/>... Payment Systems <Addition ChangeId="key-2d9cb448bdf53caaf9b18cda25f491ec-1695384634469" CommentaryRef="key-2d9cb448bdf53caaf9b18cda25f491ec">and service providers</Addition> <Emphasis>Recognised systems <Addition ChangeId="key-3cdf5928837d7588fa9811b4f155fdaa-1695397192423" CommentaryRef="key-3cdf5928837d7588fa9811b4f155fdaa">and service providers</Addition> </Emphasis>Recognition order <Addition ChangeId="key-2c782bf0f681a005049122602f7cf39f-1695397338417" CommentaryRef="key-2c782bf0f681a005049122602f7cf39f">: payment system</Addition> 1841The Treasury may by order (“recognition order”) specify a payment system as a recognised system for the purposes of this Part.2A recognition order must specify in as much detail as is reasonably practicable the arrangements which constitute the ... payment system.3The Treasury may not specify a payment system operated solely by the Bank of England.4See section 206A for the power to specify in a recognition order a person as a person who provides services that form part of the arrangements constituting or connected with the recognised system.S. 184 in force at 4.8.2009 by S.I. 2009/2038, art. 2, Sch. para. 3Word in s. 184(1) substituted (27.6.2017) by Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 6(2)Word in s. 184(2) omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 6(3)Words in s. 184(3) substituted (27.6.2017) by Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 6(4)Word in Pt. 5 heading omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 2S. 184(4) inserted (30.11.2017) by The Banking Act 2009 (Service Providers to Payment Systems) Order 2017 (S.I. 2017/1167), arts. 1(2), 2(4)Words in Pt. 5 heading inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 2Words in s. 184 cross-heading inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 6Words in s. 184 heading inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 7Words in s. 184(4) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 8