{
  "url": "https://openlegislation.uk/banking-act-2009/section-108",
  "json_url": "https://openlegislation.uk/banking-act-2009/section-108.json",
  "legislation": "ukpga/2009/1",
  "legislation_title": "Banking Act 2009",
  "legislation_url": "https://openlegislation.uk/banking-act-2009",
  "path": "section/108",
  "kind": "section",
  "number": "108",
  "heading": "Removal by court",
  "text": "(1) A bank liquidator may be removed by order of the court on the application of—\n(a) the liquidation committee,\n(b) the PRA, or\n(c) the Bank of England.\n(2) Before making an application the PRA must consult ... the FCA.\n(3) Before making an application the Bank of England must consult ...the FCA.\n(4) A bank liquidator removed by order has release with effect from a time determined by—\n(a) the Secretary of State, or\n(b) in the case of a bank liquidator in Scotland, the Accountant of Court.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Word in s. 108(1)(b) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 39(2) (with Sch. 20); S.I. 2013/423, art. 3, Sch."
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Word in s. 108(2) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 39(3)(a) (with Sch. 20); S.I. 2013/423, art. 3, Sch."
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 108(2) omitted (1.3.2017) by virtue of Bank of England and Financial Services Act 2016 (c. 14), s. 41(3), Sch. 2 para. 57(2) (with Sch. 3); S.I. 2017/43, reg. 2(g)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 108(2) inserted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 39(3)(b) (with Sch. 20); S.I. 2013/423, art. 3, Sch."
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in s. 108(3) omitted (1.3.2017) by virtue of Bank of England and Financial Services Act 2016 (c. 14), s. 41(3), Sch. 2 para. 57(3) (with Sch. 3); S.I. 2017/43, reg. 2(g)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in s. 108(3) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 39(4) (with Sch. 20); S.I. 2013/423, art. 3, Sch."
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 108 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/1/section/108",
    "retrieved_at": "2026-10-29T09:11:28.246347+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}