Section 379A(3)

“Payment or securities settlement system” means arrangements between a number of participants for or in connection with the clearing or execution of instructions by participants relating to any of the following— the placing of money at the disposal of a recipient; the assumption or discharge of a payment obligation; the transfer of the title to, or an interest in, securities.

← 2 · All articles · 4 →

Source: legislation.gov.uk · retrieved 2026-09-04