Section 115(1)

Where an FMI administrator is appointed in relation to the operator of a recognised ... payment system , or a recognised DSA service provider, ..., the objective of the FMI administration is— to ensure that the system or provider is and continues to be maintained and operated as an efficient and effective system or provider, . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , and to ensure by one or both of the specified means that it becomes unnecessary for the FMI administration order to remain in force for that purpose ....

← 115 · All articles · 1A →

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