Textual Amendments
F1Word in Pt. 5 heading omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 2
F2Words in Pt. 5 heading inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 2
(1)The Bank of England may publish—
[F3(a)] principles to which operators of recognised F4... payment systems are to have regard in operating the systems [F5and]
[F6(b)principles to which recognised DSA service providers are to have regard in the provision of services to payment systems (whether or not recognised),]
[F7(c)] principles to which service providers are to have regard in the provision of services to such systems [F8or to such DSA service providers].
(2)Before publishing principles the Bank must obtain the approval of the Treasury.
Textual Amendments
F3Words in s. 188(1) renumbered as s. 188(1)(a) (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 15(2)(a)
F4Word in s. 188(1) omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 10
F5Words in s. 188(1) inserted (30.11.2017) by The Banking Act 2009 (Service Providers to Payment Systems) Order 2017 (S.I. 2017/1167), arts. 1(2), 2(8)
F6S. 188(1)(b) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 15(2)(b)
F7Words in s. 188(1) renumbered as s. 188(1)(c) (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 15(2)(c)
F8Words in s. 188(1)(c) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 15(2)(d)
Commencement Information
I1S. 188 in force at 31.12.2009 by S.I. 2009/3000, art. 4, Sch. para. 1