S.L. 645.1 Art. 1Citation and scope.

(1) The title of these regulations is the Credit

Servicers and Credit Purchasers Act (Passporting) Regulations.

(2) The scope of these regulations is to transpose Articles 13 and 14 of Directive (EU) 2021/2167 of the European Parliament and of the Council of 24 November 2021 on credit servicers and credit purchasers and amending Directives 2008/48/EC and 2014/17/EU, and they shall be interpreted and applied accordingly.