direct debit
Definitions over time (1)
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31/03/2012 – 31/01/2014 Article 2, Regulation (EU) No 260/2012 Scope: Whole act
For the purposes of this Regulation, the following definitions apply:
‘direct debit’ means a national or cross-border payment service for debiting a payer’s payment account, where a payment transaction is initiated by the payee on the basis of the payer’s consent;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 12/11/2026)
No text uses this concept on 12/11/2026.