[F1Record keepingU.K.
This section has no associated Explanatory Memorandum
31A.—(1) An electronic money institution must maintain relevant records and keep them for at least five years from the date on which the record was created.
(2) For the purposes of paragraph (1), records are relevant where they relate to compliance with obligations imposed by or under Parts 2 to 4 and, in particular, would enable the Authority to supervise effectively such compliance.]
Textual Amendments
F1Reg. 31A inserted (13.8.2017 for specified purposes, 13.10.2017 for specified purposes, 13.1.2018 in so far as not already in force) by The Payment Services Regulations 2017 (S.I. 2017/752), reg. 1(2)(c)(iii)(3)(f)(i)(6), Sch. 8 para. 5(21) (with reg. 3)