28(1)Section 131ZA (seized money) is amended as follows.
(2)In subsection (1)(b), for “bank or building society” substitute “relevant financial institution”.
(3)In subsection (7), for “bank or building society” substitute “relevant financial institution”.
(4)In subsection (9)—
(a)in paragraph (a) of the definition of “appropriate person”, for the words from “a bank” to the end substitute “a relevant financial institution, the relevant financial institution”;
(b)at the appropriate places insert—
““electronic money institution” has the same meaning as in the Electronic Money Regulations 2011 (S.I. 2011/99) (see regulation 2 of those Regulations);”;
““payment institution” means an authorised payment institution or a small payment institution (each as defined in regulation 2 of the Payment Services Regulations 2017 (S.I. 2017/752));”;
““relevant financial institution” means a bank, a building society, an electronic money institution or a payment institution;”.
(5)For the heading substitute “Money”.