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Article 33 Immunity of Bank

Original text. Later amendments are not shown.

(1)

The Bank has immunity in relation to action or inaction in relation to or pursuant to this Order.

(2)

In this article—

(a)

a reference to the Bank is a reference to the Bank and anyone who acts or purports to act as a director, officer, servant or agent of the Bank;

(b)

“immunity” means immunity from liability in damages.

(3)

The immunity does not extend to action taken—

(a)

in bad faith, or

(b)

in contravention of section 6(1) of the Human Rights Act 1998f1.

Annotations

Footnotes

f1

1998 c.42.