# The Small and Medium Sized Business (Credit Information) Regulations 2015, Regulation 11: Consultation before designation of a bank


(1) Before designating a bank or revoking the designation of a bank, the Treasury may consult the Bank of England and any other person they consider appropriate.
(2) In considering whether to designate a bank or to revoke the designation of a bank, the Treasury may rely on advice or information provided in response to consultation under paragraph (1).

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111138861/regulation/11 (the official version)
Page: https://openlegislation.uk/draft-small-and-medium-sized-business-credit-information-regulations-2015/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.