OpenLegislation

Paragraph 6 I1F1

United Kingdom

(1)

When the Bank of England has decided whether to—

F2(a)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(b)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(c)

give the direction;

it must give the Operator written notice of its decision F4and the reasons for its decision.

Annotations

Textual amendments

F1

Sch. 3 para. 6 substituted (1.4.2013) by The Uncertificated Securities (Amendment) Regulations 2013 (S.I. 2013/632), regs. 1, 2(15)(f) (with reg. 3)

F2

Sch. 3 para. 6(1)(a) omitted (27.3.2019) by virtue of The Uncertificated Securities (Amendment and EU Exit) Regulations 2019 (S.I. 2019/679), regs. 1(2), 4(11)(e)(i) (with regs. 10-12)

F3

Sch. 3 para. 6(1)(b) omitted (27.3.2019) by virtue of The Uncertificated Securities (Amendment and EU Exit) Regulations 2019 (S.I. 2019/679), regs. 1(2), 4(11)(e)(i) (with regs. 10-12)

F4

Words in Sch. 3 para. 6(1) inserted (27.3.2019) by The Uncertificated Securities (Amendment and EU Exit) Regulations 2019 (S.I. 2019/679), regs. 1(2), 4(11)(e)(ii) (with regs. 10-12)

Commencement

I1

Sch. 3 para. 6 in force at 26.11.2001, see reg. 1

Notes on Schedule 3

Textual amendments

F1

Sch. 3 heading substituted (27.3.2019) by The Uncertificated Securities (Amendment and EU Exit) Regulations 2019 (S.I. 2019/679), regs. 1(2), 4(11)(a) (with regs. 10-12)