# Banking Act 2009, Section 230: “Financial institution”

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

(1) The Treasury may by order provide that a specified institution, or an institution of a specified class, is or is not to be treated as a financial institution for the purposes of section 228 or 229.
(2) An order—
(a) shall be made by statutory instrument, and
(b) shall be subject to annulment in pursuance of a resolution of either House of Parliament.

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Source: https://www.legislation.gov.uk/ukpga/2009/1/section/230 (the official version)
Page: https://openlegislation.uk/banking-act-2009/section-230
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.