The Payments in Euro (Credit Transfers and Direct Debits) Regulations 2012

These Regulations are made pursuant to the United Kingdom’s obligations under Regulation (EC) No. 924/2009 of the European Parliament and of the Council (OJ No L266, 9.10.2009, p11) (“the 2009 European Regulation”) and Regulation (EU) No 260/2012 of the European Parliament and Council (OJ No L94, 30.3.2012, p22) (“the 2012 European Regulation”). The 2009 European Regulation lays down rules on cross-border payments in euro; the 2012 European Regulation sets business and technical standards for payments in euro wherever they take place.

Lifecycle

Department

Made

17 Dec 2012

—

In force

15 Jan 2013

Enabling power

The Treasury, in exercise of the powers conferred by section 2(2) of the European Communities Act 1972, make the following Regulations:

DocumentsOpen on legislation.gov.uk →

Explanatory Memorandum

application/pdf · 19 Dec 2012 · 44 KB

Instrument

application/pdf · 19 Dec 2012 · 90 KB