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New version applies from 07/12/2009 — introduced by Directive 2009/111/EC (CRD). 64 provisions change. Recital 39 changes in this version: compare with the current text.

Recital 39

Recital 39

(39)Such irrevocability should not affect a payment service provider's right or obligation under the laws of some Member States, based on the payer's framework contract or national laws, regulations, administrative provisions or guidelines, to reimburse the payer with the amount of the executed payment transaction in the event of a dispute between the payer and the payee. Such reimbursement should be considered to be a new payment order. Except for those cases, legal disputes arising within the relationship underlying the payment order should be settled only between the payer and the payee.

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