Section 110(1)

In this Part— “CAT-appealable decision” has the meaning given by section 76(4); “CMA-appealable decision” has the meaning given by section 76(7); “compliance failure” has the meaning given by section 71; “designation order” has the meaning given by section 43; “digital settlement asset” has the meaning given by section 41(2A); “digital settlement asset exchange provider” has the meaning given by section 182(5B) of the Banking Act 2009; “direct access”, in relation to a payment system, is to be read in accordance with section 42(6); “document” includes information recorded in any form and, in relation to information recorded otherwise than in legible form, references to its production include references to producing a copy of the information in legible form or in a form from which it can readily be produced in visible and legible form; “general direction” has the meaning given by section 54(5); “general guidance” has the meaning given by section 96(3); “generally applicable requirement” has the meaning given by section 104(1); “generally-imposed requirement” has the meaning given by section 55(3); “infrastructure provider”, in relation to a payment system, has the meaning given by section 42(4); “operator”, in relation to a payment system, has the meaning given by section 42(3); “participant”, in relation to a payment system, has the meaning given by section 42 (and references to participation in a payment system are to be read in accordance with that section); “payment service provider”, in relation to a payment system, has the meaning given by section 42(5); “payment system” has the meaning given by section 41; “recognised ... payment system” means a payment system (within the meaning of Part 5 of the Banking Act 2009) specified as a recognised system for the purposes of that Part; “regulated payment system” means a payment system designated as a regulated payment system by a designation order; “the UK financial system” has the meaning given by section 1I of FSMA 2000.

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