Regulation 12 Consultation before designation of a finance platform
(1)
Before designating a finance platform or revoking the designation of a finance platform, the Treasury may consult—
(a)
the company incorporated as a private company limited by shares on 18th July 2013 with the company number 08616013 and re-registered as a public company limited by shares on 29th October 2013 with the name British Business Bank plc;
(b)
a subsidiary of the company referred to in sub-paragraph (a); or
(c)
any other person they consider appropriate.
(2)
In considering whether to designate a finance platform or to revoke the designation of a finance platform, the Treasury may rely on advice or information provided in response to consultation under paragraph (1).