Digital Economy Bill (HL Bill 80)

Digital Economy BillPage 170

(b) in the definition of “recognised inter-bank payment system”—

(i) omit the first “inter-bank”;

(ii) for “an inter-bank” substitute “a”;

(c) in the definition of “the relevant system”, in paragraphs (a) and (c),
5omit “inter-bank”.

43 In section 115 (objective of FMI administration), in subsection (1) omit “inter-
bank”.

44 In section 120 (power to direct FMI administrator), in subsection (8) omit
“inter-bank”.

45 10In section 127 (interpretation of Part 6), in subsection (1), in the definition of
“operator” and in the definition of “recognised inter-bank payment system”,
omit “inter-bank”.