Content Options:

Content Options

View Options:


You are viewing the version of the document as on 2024-12-01.

relevant closure

229the following events, whether they are planned, unplanned, yet to happen or have already happened (as the context requires), and which are reasonably anticipated to last, or have lasted, for at least 6 months:

  1. (a) a full closure of a cash access facility; or
  2. (b) a material reduction in the cash access services provided at a cash access facility, or a material change in the nature of such provision;

but excluding such events insofar as they relate to:

  1. (c) a cashback facility;
  2. (d) a cash delivery or collection service;
  3. (e) any cash access service in relation to relevant personal current accounts that is not provided free of charge; or
  4. (f) any required cash access service where the closure, reduction or change in provision takes place within the minimum timescale under ATCS 8.1.1R(1) or ATCS 8.1.1R(2) for provision of the relevant service, save to the extent that:
    1. (i) a designated firm relied on an existing service to meet the requirements of ATCS 8.1.1R in respect of the required cash access service for the purposes of a trial; and
    2. (ii) ATCS 8.1.1R ceases to apply to the service as a result of ATCS 8.1.14R following completion of the trial.