(c)

Directive 2000/46/EC of the European Parliament and of the Council of 18 September 2000 on the taking up, pursuit of and prudential supervision of the business of electronic money institutions · European Union

electronic money issued by the institution is accepted as payment only by a limited number of undertakings, which can be clearly distinguished by: their location in the same premises or other limited local area; or their close financial or business relationship with the issuing institution, such as a common marketing or distribution scheme.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-11 · Text as adopted (Official Journal); later amendments are not incorporated in this text.