Regulation 18
Restrictions on personal payment accounts that contain e‑money
of Payment Services Regulations 2019
Subsidiary LegislationIn forceProvision 19 of 47
Regulation 18
Subregulation 1
For the purposes of section 24(1)(a) and (c)(i) of the Act, the prescribed amount is $20,000.
Subregulation 2
For the purposes of section 24(1)(b) and (c)(ii) of the Act, the prescribed amount is $100,000.