Introductory text

Draft Order laid before Parliament under section 13(3) of the Banking (Special Provisions) Act 2008, for approval by resolution of each House of Parliament.

Banks And Banking

Made ***

Coming into force in accordance with article 1(2)

This Order is made in exercise of the powers conferred by sections 5, 9 and 12 of the Banking (Special Provisions) Act 2008^f1 and section 237 of the Banking Act 2009^f2.

A draft of this Order has been laid before Parliament in accordance with section 13(3) of the Banking (Special Provisions) Act 2008 and approved by a resolution of each House of Parliament.

Accordingly, the Treasury make the following Order:

Annotations

Footnotes

f1: 2008 c.2.
f2: 2009 c.1. Section 237 provides that the power under section 9 of the Banking (Special Provisions) Act 2008 includes power to replicate or to make provision of a kind that may be made under section 55(1) to (3) of the Banking Act 2009.