Schedule 4, Part 1, paragraph 2(4)

In Part 28 (miscellaneous)— in section 404(2)(consumer redress schemes) , as substituted by section 14 of the Financial Services Act 2010, omit the word “or” before paragraph (b) and at the end of that paragraph insert— or electronic money issuers. in section 404E (meaning of “consumers”)— in subsection (2) omit the word “or” before paragraph (f) and at the end of that paragraph insert— or electronic money issuers in issuing electronic money. in subsection (6), after the definition of “engage in any investment activity” insert— “electronic money” has the same meaning as in the Electronic Money Regulations 2011 and any reference to issuing electronic money must be read accordingly;

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