electronic money

Definitions over time (1)

1. 27/10/2000 – 30/04/2011 Article 1, Directive 2000/46/EC Scope: Whole act

   (b) "electronic money" shall mean monetary value as represented by a claim on the issuer which is: (i) stored on an electronic device; (ii) issued on receipt of funds of an amount not less in value than the monetary value issued; (iii) accepted as means of payment by undertakings other than the issuer.

Used in (0 places in 0 provisions on 12/11/2026)

No text uses this concept on 12/11/2026.