# The Scottish and Northern Ireland Banknote Regulations 2009, 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.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111486306/regulation/4 (the official version)
Page: https://openlegislation.uk/draft-scottish-and-northern-ireland-banknote-regulations-2009/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.