144.—(1) Omit article 60JB(1) (electronic money institutions).
(2) In relation to a person who has transitional authorisation by virtue of paragraph 2 of Schedule 3 to the Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018 (“the 2018 Regulations”), the amendment made by paragraph (1) does not apply during the transition period (within the meaning given by paragraph 10 of that Schedule).
(3) Despite the repeal of Schedule 2A to the Electronic Money Regulations 2011(2) by the 2018 Regulations, that Schedule has effect, with any necessary modifications, in relation to a case where the amendment made by paragraph (1) does not apply because of paragraph (2).
Article 60JB was inserted by S.I. 2014/366 and was amended by S.I. 2017/752.