102 Power of PRA to require Regulator to refrain from specified action
Financial Services (Banking Reform) Act 2013 (2013 c 33) | Legislation

102  Power of PRA to require Regulator to refrain from specified action

(1)     Where the first, second and third conditions are met, the PRA may give a direction under this section to the Payment Systems Regulator.

(2)     The first condition is that the Payment Systems Regulator is proposing to exercise any of its powers under this Part in relation to—

(a)     a class of PRA-authorised persons, or

(b)     a particular PRA-authorised person.

(3)     The second condition is that the PRA

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