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  • Part 12: Final Provisions

    • Article 132

      (1)A Payment Service Provider licensed under the Payment Service Provider Regulations shall be deemed to be licensed under and subject to the Implementing Regulation from its effective date.
       
      (2)A Payment Service Provider or Payment System Operator must provide a plan for undertaking corrective procedures to comply with the provisions of the Law and the Implementing Regulation within a maximum of six months from the effective date on which the Implementing Regulation come into effect.
       

       

    • Article 133

      The Implementing Regulation shall come into force from the date of issuance.