electronic money
Definitions over time (1)
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30/10/2009 – 13/01/2018 Article 2, Directive 2009/110/EC Scope: Whole act
For the purposes of this Directive, the following definitions shall apply:
‘electronic money’ means electronically, including magnetically, stored monetary value as represented by a claim on the issuer which is issued on receipt of funds for the purpose of making payment transactions as defined in point 5 of Article 4 of Directive 2007/64/EC, and which is accepted by a natural or legal person other than the electronic money issuer;
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.