Clause 117

by deleting paragraph (d) of section 27A(6) and substituting the following paragraph:“(d)a person granted a licence under the Payment Services Act 2019;”;

by deleting paragraph (ka) of section 27A(6);

by deleting the definition of “designated payment system” in section 82 and substituting the following definition:“ “designated payment system” has the same meaning as in section 2(1) of the Payment Services Act 2019;”;

by deleting the definitions of “operator” and “settlement institution” in section 82 and substituting the following definitions:“ “operator” and “settlement institution” have the same meanings as in section 2(1) of the Payment Services Act 2019;”;

by deleting paragraphs (g) and (h) of the definition of “prescribed written law” in section 86 and substituting the following paragraph:“(g)the Payment Services Act 2019;”;

by deleting the words “Payment Systems (Oversight) Act (Cap. 222A)” in paragraph (b) of the definition of “participant” in section 98 and substituting the words “Payment Services Act 2019”;

by deleting the words “Payment Systems (Oversight) Act” in the definition of “payment system operator” in section 98 and substituting the words “Payment Services Act 2019”;

by deleting paragraphs (i) and (j) of the definition of “prescribed written law” in section 152(1) and substituting the following paragraph:“(i)the Payment Services Act 2019;”;

by deleting item 16 of the Schedule; and

by deleting item 18 of the Schedule and substituting the following item:“18.Payment Services Act 2019”.