PART 3Switching
Designation of alternative arrangements etc.16
1
Schedule 4 makes provision in connection with—
a
the designation of alternative arrangements; and
b
the powers of the Payment Systems Regulator over operators of switching services designated as alternative arrangements.
2
Schedule 5 makes provision in connection with—
a
fees connected with an alternative arrangement;
b
compensation for financial losses incurred by consumers switching accounts under an alternative arrangement; and
c
information relating to an alternative arrangement that a payment service provider must make available to consumers.