Section 11(3)
The Electronic Money Regulations 2011 · United Kingdom
A variation may be expressed to take effect immediately or on a specified date only if the Authority, having regard to the ground on which it is exercising the power under paragraph (1), reasonably considers that it is necessary for the variation to take effect immediately or, as the case may be, on that date.
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Source: legislation.gov.uk · retrieved 2026-09-04