Regulation 4 Bank of England approval
(1)
Where these Regulations confer a power of approval on the Bank of England, the Bank of England may grant approval subject to conditions.
(2)
The Bank of England may amend or revoke a condition to which an approval is subject.
(3)
The Bank of England must consult an authorised bank which is or may be affected by—
(a)
a proposed condition to which an approval may be subject;
(b)
the proposed withdrawal of an approval; or
(c)
the proposed amendment or revocation of a condition to which an approval is subject.
(4)
An authorised bank must comply with any conditions to which an approval is subject.