# The Bank Recovery and Resolution Order 2014, Introduction: Introductory text


Draft Order laid before Parliament under paragraph 2(2) of Schedule 2 to the European Communities Act 1972, for approval by resolution of each House of Parliament.
Banks And Banking
Financial Services And Markets
Made ***
Coming into force 1st January 2015
The Treasury are designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to financial services.
The Treasury, in exercise of the powers conferred by section 2(2) of that Act, makes the following Order.
A draft of this Order has been laid before and approved by a resolution of each House of Parliament in accordance with paragraph 2(2) of Schedule 2 to that Act.

---
Source: https://www.legislation.gov.uk/ukdsi/2014/9780111123782/introduction (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-order-2014/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.