Schedule 4, Part 1, paragraph 2(5)

In section 404F (other definitions etc)— after subsection (6) insert— References in sections 404 and 404E to an “electronic money issuer” are references to a person mentioned in paragraph (a), (b), (c), (d), (h) or (i) of the definition of “electronic money issuer” in regulation 2(1) of the Electronic Money Regulations 2011. in subsection (8), in paragraph (a) omit the word “or” before paragraph (b) and at the end of that paragraph insert— or the variation under regulation 8 or 11 of the Electronic Money Regulations 2011 of an authorisation under those regulations.

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