{
  "url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-2018",
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  "id": "ukdsi/2018/9780111168523",
  "title": "The Cash Ratio Deposits (Value Bands and Ratios) Order 2018",
  "short_title": "Cash Ratio Deposits (Value Bands and Ratios) 2018",
  "long_title": "Schedule 2 to the Bank of England Act 1998 (c.11) makes provision concerning the maintenance by certain institutions of cash ratio deposits with the Bank of England (“the Bank”). The institutions covered by these arrangements are those defined as “deposit-takers” by section 17(7) of, and paragraph 1(1A) to (1C) of Schedule 2 to, that Act. The Bank is empowered by paragraph 3 of that Schedule to give such an institution a call notice specifying an amount the institution is expected to have on deposit with the Bank during a specified period. Under paragraph 4 of that Schedule, the depositable amount is to be calculated by multiplying so much of an institution’s average liability base as falls into each of the different value bands by the ratio applicable to that band, and adding up these amounts.",
  "citation": "Draft 2018, ISBN 9780111168523",
  "type": "ukdsi",
  "year": "2018",
  "number": "9780111168523",
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    {
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      "heading": "Introductory text",
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    {
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      "heading": "Citation and commencement",
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      "heading": "Revocation of the 2013 Order",
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      "path": "article/4",
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      "number": "4",
      "heading": "Value bands",
      "url": "https://openlegislation.uk/draft-cash-ratio-deposits-value-bands-and-ratios-order-2018/article-4",
      "extent": null,
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      "path": "article/5",
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      "heading": "Ratios",
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    },
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    }
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  "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."
}