Schedule 7: Accountability of the Payment Systems Regulator Paragraphs 9 to 11: Ancillary adjustments to FSBRA 2013
Paragraph 9 inserts into section 110(1) of FSBRA 2013 a definition of a generally applicable requirement, which has the meaning given by section 104(1) of FSBRA 2013.
	Paragraph 10 inserts into section 143(2), after paragraph (b), a new subsection (ba) matters to consider when imposing generally applicable requirements and (bb) power to require imposition of generally applicable requirements, which ensure that the statutory instruments HM Treasury is permitted to make in relation to the accountability of the PSR require affirmative procedure.
	Paragraph 11 inserts into Schedule 4 of FSBRA 2013 a requirement that the PSR must include in its annual report any engagement with its statutory panel, in a corresponding provision to section 37.