Regulation 13A
Prescribed major payment institution in respect of prescribed payment service under section 23(1)(b) of Act
of Payment Services Regulations 2019
Subsidiary LegislationIn forceProvision 13 of 47
Regulation 13A
For the purposes of section 23(1)(b) of the Act —
(a)
every major payment institution that carries on a business of providing a digital payment token service is a prescribed major payment institution; and
(b)
a digital payment token service is a prescribed payment service.