Appropriation of security deposit on revocation or surrender of authorisation

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....ered its authorisation or the authorisation of a Payment Service Provider has been revoked by the Authority, the Authority may apply the security deposit, if any, mentioned in sub-regulation (4) of regulation 10, to pay any sums outstanding and claimed by Payment Service Users who are customers of the Payment Service Provider. (2) Where a Payment Service Provider has surrendered its authorisati....