# The Banking Act 2009 (Bank Administration) (Modification for Application to Multiple Transfers) Regulations 2009, Introduction: Introductory text

Extent: E+W+S+N.I.

Banks And Banking
Approved by both Houses of ParliamentMade 19th February 2009
Laid before Parliament 20th February 2009
Coming into force 21st February 2009
These Regulations are made in exercise of the powers conferred by sections 149(3) and 259(1) of the Banking Act 2009.
The power in section 149(3) of the Banking Act 2009 is being exercised for the first time and the Treasury are satisfied, in accordance with section 259(4) of that Act, that it is necessary to exercise it without laying a draft for approval.
Accordingly, the Treasury make the following Regulations:

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Source: https://www.legislation.gov.uk/uksi/2009/313/introduction (the official version)
Page: https://openlegislation.uk/banking-act-2009-bank-administration-modification-for-application-to-multiple-transfers-regulations-2009/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.