Financial Services (Banking Reform) Act 2013

66Concurrent competition powers: supplementary provisionU.K.

This section has no associated Explanatory Notes

(1)If any question arises as to whether, by virtue of section 59 or 61, any functions fall to be, or are capable of being, carried out by the Payment Systems Regulator in relation to any particular case, that question is to be referred to, and determined by, the Treasury.

(2)No objection is to be taken to anything done under the Competition Act 1998 or Part 4 of the Enterprise Act 2002 by or in relation to the Payment Systems Regulator on the ground that it should have been done by or in relation to the Competition and Markets Authority.

Commencement Information

I1S. 66 in force at 1.4.2014 by S.I. 2014/823, art. 2(f)