69Response by RegulatorU.K.
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(1)The Payment Systems Regulator must within 90 days after the day on which it receives a complaint under section 68 publish a response stating how it proposes to deal with the complaint, and in particular—
(a)whether it has decided to take any action, or to take no action, and
(b)if it has decided to take action, what action it proposes to take.
(2)The response must—
(a)include a copy of the complaint, and
(b)state the Payment Systems Regulator's reasons for its proposals.
(3)The Treasury may by order amend subsection (1) by substituting any period for the period for the time being specified there.
Commencement Information
I1S. 69 in force at 1.3.2014 by S.I. 2014/377, art. 2(1)(a), Sch. Pt. 1