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Paragraph 1 The Banking Act 2009 (Third Party Compensation Arrangements for Partial Property Transfers) Regulations 2009I1

(1)

The Banking Act 2009 (Third Party Compensation Arrangements for Partial Property Transfers) Regulations 2009 are amended as follows.

(2)

After regulation 7 insert—

“Valuation methodology: technical standards

7A

The Bank may make technical standards specifying the methodology for the assessments referred to in regulation 5(2) to (4).”.

Annotations

Commencement

I1

Sch. 4 para. 1 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)