# The Cross-Border Credit Transfers Regulations 1999, Introduction: Introductory text


BANKS AND BANKING
Made 30th June 1999
Laid before Parliament 1st July 1999
Coming into force 14th August 1999
Whereas the Treasury are a government department designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to measures relating to the movement of capital and to payments, between Member States and between Member States and countries which are not Member States;
Now, therefore, the Treasury, in exercise of the powers conferred on them by that section, hereby make the following Regulations:

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Source: https://www.legislation.gov.uk/uksi/1999/1876/introduction (the official version)
Page: https://openlegislation.uk/cross-border-credit-transfers-regulations-1999/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.