{
  "url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-1998",
  "json_url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-1998.json",
  "id": "ukdsi/1998/0110659953",
  "title": "The Cash Ratio Deposits (Value Bands and Ratios) Order 1998",
  "short_title": "Cash Ratio Deposits (Value Bands and Ratios) 1998",
  "long_title": "Schedule 2 to the Bank of England Act 1998 makes provision concerning the maintenance by certain institutions of cash ratio deposits with the Bank of England (“the Bank”). Institutions which are covered by these arrangements are those authorised under the Banking Act 1987, certain European authorised institutions which have lawfully established branches in the United Kingdom for the purpose of accepting deposits, and building societies authorised under the Building Societies Act 1986. The Bank is enabled to give an institution a written call notice specifying the amount of cash ratio deposit it is expected to have on deposit with the Bank during a specified period. This depositable amount is to be calculated by multiplying so much of an institution’s liability base as falls into different value bands by the ratios applicable to those bands.",
  "citation": "Draft 1998, ISBN 0110659953",
  "type": "ukdsi",
  "year": "1998",
  "number": "0110659953",
  "version": "current",
  "date": null,
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-1998/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-1998/article-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Value bands and ratios",
      "url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-1998/article-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-1998/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-1998/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "has_text": true,
  "pdfs": [],
  "outstanding_effects": [],
  "made_under": [
    {
      "id": "ukpga/1998/11",
      "title": "Bank of England Act 1998",
      "url": "https://openlegislation.uk/bank-of-england-act-1998",
      "provisions": [
        "schedule/2/paragraph/5"
      ]
    }
  ],
  "changes_made_to": 0,
  "changes_made_to_url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-1998/changes.json",
  "changes_made_by": 0,
  "changes_made_by_url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-1998/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-1998/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/1998/0110659953",
    "retrieved_at": "2026-10-30T15:22:48.376138+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}