# Bank of England Act 1998, Paragraph 2


The transfer of functions by this Part shall be regarded for the purposes of the Transfer of Undertakings (Protection of Employment) Regulations 1981 as the transfer of part of an undertaking, whether or not it would be so regarded apart from this provision.

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Source: https://www.legislation.gov.uk/ukpga/1998/11/schedule/4/paragraph/2 (the official version)
Page: https://openlegislation.uk/bank-of-england-act-1998/schedule-4/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.