Section 154(1)

Paragraph (2) applies to a person that— provided account information services or payment initiation services before 12th January 2016; continues to provide such services immediately before 13th January 2018; and but for paragraph (2), would require a new authorisation or registration, or a variation of an authorisation, in order to continue to provide such services on and after 13th January 2018;

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