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Changes over time for: Section 124
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 09/12/2019.
Changes to legislation:
Financial Services (Banking Reform) Act 2013, Section 124 is up to date with all changes known to be in force on or before 06 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Changes to Legislation
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124Restriction on enforcement of securityU.K.
This section has no associated Explanatory Notes
A person may not take any step to enforce a security over property of an infrastructure company unless—
(a)notice of the intention to do so has been given to the Bank of England, and
(b)the period of 14 days beginning with the day on which the notice was received by the Bank has ended.
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