New Clause 7: Financial Services and Markets Bill
New Clause 7 - Access to Cash: Guaranteed Minimum Provision
‘(1) The Treasury must, by regulations, make provision to guarantee a minimum level of access to free of charge cash access services for consumers across the United Kingdom.
(2) The minimum level of access referred to in subsection (1) must be included in the regulations.
(3) Regulations under this section shall be made by statutory instrument, and may not be made unless a draft has been laid before and approved by resolution of each House of Parliament.’—(Siobhain McDonagh.)