Statutory Instruments

2002 No. 765

FINANCIAL SERVICES AND MARKETS

BANKS AND BANKING

The Electronic Money (Miscellaneous Amendments) Regulations 2002

Made

21st March 2002

Laid before Parliament

21st March 2002

Coming into force

27th April 2002

Whereas the Treasury are a government department designated(1) for the purposes of section 2(2) of the European Communities Act 1972(2) in relation to measures relating to credit and financial institutions and to the taking of deposits or other repayable funds from the public;

Now therefore the Treasury, in exercise of the powers conferred on them by—

(i)

section 2(2) of the European Communities Act 1972, and

(ii)

paragraph 13(1)(b)(iii) of Schedule 3 to, and sections 417(1)(3) and 428(3) of, the Financial Services and Markets Act 2000(4),

hereby make the following Regulations:

(1)

S.I. 1990/1304.

(2)

1972 c. 68. By virtue of the amendment of section 1(2) made by section 1 of the European Economic Area Act 1993 (c. 51) regulations may be made under section 2(2) to implement obligations of the United Kingdom created by or arising under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting the Agreement signed at Brussels on 17th March 1993 (Cm 2183).

(3)

See definition of “prescribed”.

(4)

2000 c. 8.