The Data-gathering Powers (Relevant Data) (Amendment) Regulations 2013

• Citation: S.I. 2013/1811
• Sections: 5

Section 1 Citation and Commencement

These Regulations may be cited as the Data-gathering Powers (Relevant Data) (Amendment) Regulations 2013 and come into force on 1st September 2013.

Section 2 Amendments to the Data-gathering Powers (Relevant Data) Regulations 2012

The Data-gathering Powers (Relevant Data) Regulations 2012 are amended as follows.

Section 3 Amendments to the Data-gathering Powers (Relevant Data) Regulations 2012

Omit regulation 6(c).

Section 4 Amendments to the Data-gathering Powers (Relevant Data) Regulations 2012

In regulation 6(e) after “falls within regulation 9(c) or 10(d)” add “or where the relevant data-holder is carrying on a trade or business and, in the ordinary course of the operations thereof, receives or retains money in such circumstances that interest becomes payable thereon”.

Section 5 Amendments to the Data-gathering Powers (Relevant Data) Regulations 2012

After regulation 11 insert –

Merchant acquirers etc

(11A)

(1) The relevant data for a data-holder of the type described in paragraph 13A of Schedule 23 are—

(a) in relation to a retailer, information relating to payment card transactions recorded against a merchant account, including the currency these payment card transactions were made in;

(b) the reference number of the account into which payments are made by the relevant data-holder to the retailer and, where necessary for identifying the account, the branch where the account is held;

(c) any unique identifier which has been allocated to a retailer, for the purposes of identifying the retailer, as part of the business arrangement between the relevant data-holder and the retailer;

(d) any identifier which has been allocated to a retailer, for the purposes of classifying the trade of the retailer, as part of the business arrangement between the relevant data-holder and the retailer;

(e) any unique identifier which has been allocated to a retailer’s merchant account, for the purposes of identifying this merchant account, as part of the business arrangement between the relevant data-holder and the retailer;

(f) the name, address, telephone number, e-mail address, website address and VAT number (“relevant details”) of a retailer and, if different, the relevant details associated with a merchant account.

(2) In this regulation—

“merchant account” means an account held by a retailer with the relevant data-holder, by reference to which the amount due to be paid by the relevant data-holder to the retailer in settlement of payment card transactions is calculated; and

“VAT number” means “registration number” for the purposes of paragraph (1) of regulation 2 of the Value Added Tax Regulations 1995 .