# The Bank Recovery and Resolution Order 2016, Introduction: Introductory text


Banks And Banking
Financial Services And Markets
Made 15th December 2016
Coming into force 16th December 2016
The Treasury are designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to financial services.
The Treasury in exercise of the powers conferred by section 2(2) of that Act and sections 28 and 30 of the Small Business, Enterprise and Employment Act 2015 make the following Order.
A draft of this Order has been laid before and approved by a resolution of each House of Parliament in accordance with paragraph 2(2) of Schedule 2 to the European Communities Act 1972.

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Source: https://www.legislation.gov.uk/uksi/2016/1239/introduction (the official version)
Page: https://openlegislation.uk/bank-recovery-and-resolution-order-2016/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.