43Designation ordersU.K.
This section has no associated Explanatory Notes
(1)The Treasury may by order (a “designation order”) designate a payment system as a regulated payment system for the purposes of this Part.
(2)A designation order must specify in as much detail as is reasonably practicable the arrangements that constitute the payment system.
Commencement Information
I1S. 43 in force at 1.3.2014 by S.I. 2014/377, art. 2(1)(a), Sch. Pt. 1