PART 5Regulation of payment systems
Complaints
I169Response by Regulator
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.