# The Deposit Protection Board (Increase of Borrowing Limit) (No. 2) Order 1990, Note: Explanatory note


(This note is not part of the Order)
This Order prescribes a limit of £50 million for the borrowing power of the Deposit Protection Board in place of the limit of £10 million stipulated in section 64(1) of the Banking Act 1987. It also revokes an earlier Order which was defective.

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Source: https://www.legislation.gov.uk/uksi/1990/2064/note (the official version)
Page: https://openlegislation.uk/deposit-protection-board-increase-of-borrowing-limit-no-2-order-1990/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.