[F197B.Standards instrumentsU.K.
(1)The power to make technical standards is to be exercised by the Payment Systems Regulator by making an instrument under this section (a “standards instrument”).
(2)A standards instrument must specify the provision under which the instrument is being made.
(3)To the extent that a standards instrument does not comply with subsection (2), it is void.
(4)A standards instrument must be published by the Payment Systems Regulator in the way appearing to the regulator to be best calculated to bring it to the attention of the public.
(5)The Treasury must lay before Parliament a copy of each standards instrument made under this section.
(6)The Payment Systems Regulator may charge a reasonable fee for providing a person with a copy of a standards instrument.]
Textual Amendments
F1Ss. 97A-97D and cross-heading inserted (26.10.2018) by The Financial Regulators Powers (Technical Standards etc.) (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1115), regs. 1(2), 10(4)