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Section 203A RecordsF1

United Kingdom

(1)

The Bank of England must maintain satisfactory arrangements for—

(a)

recording decisions made in the exercise of its functions under this Part, and

(b)

the safe-keeping of those records which it considers ought to be preserved.

(2)

The duty in subsection (1) does not apply to a decision to issue a notice under section 204(1).

Annotations

Textual amendments

F1

Ss. 203A, 203B inserted (1.4.2013) by Financial Services Act 2012 (c. 21), ss. 104(8), 122(3) (with Sch. 20); S.I. 2013/423, art. 3, Sch.

Notes on Part 5

Textual amendments

F1

Word in Pt. 5 heading omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 2

F2

Words in Pt. 5 heading inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 2