Schedule 6, paragraph 1

For the purposes of Part 9 of these Regulations, “relevant requirement” means— a requirement imposed by the funds transfer regulation specified— in relation to a payment service provider of a payer, in paragraph 2; in relation to a payment service provider of a payee, in paragraph 3; in relation to the payment service provider of an intermediary, in paragraph 4. a requirement imposed (otherwise than on supervisory authorities, registering authorities or auction platforms) in or under the regulations specified in paragraphs 5 to 13; the following requirements imposed on auction platforms— the customer due diligence requirements in regulation 17 of the UK auctioning regulations; the monitoring and record keeping requirements of regulation 37 of the UK auctioning regulations; or the requirements imposed in regulations 18 to 21 or 24 of these Regulations; any requirement imposed under regulations 66, 69(2), 70(7), 77(2) and (6) or 78(2) or (5) of these Regulations.

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