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Enterprise Act 2002 (repealed)

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Maintaining the stability of the UK financial systemF2U.K.

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[F120B.(1)This paragraph applies for the purposes of a relevant order under paragraph 5, 10 or 11 of Schedule 7 (enforcement orders in cases relating to the stability of the UK financial system) but not for any other purposes of Part 3 or 4 or any other enactment.

(2)The order may make such provision as the person making the order considers to be appropriate in the interest of maintaining the stability of the UK financial system.

(3)Such provision may, in particular, include provision requiring a person to do, or not to do, particular things.

(4)This paragraph is without prejudice to the operation of the other paragraphs of this Schedule in relation to the order.

(5)In this paragraph “relevant order” means an order—

(a)which is to be made following the giving of an intervention notice or special intervention notice which mentions the consideration specified in section 58(2D) (including, in the case of a notice given before the consideration was so specified, an intervention notice which mentions the consideration as a consideration which ought to be specified in section 58); and

(b)to which the consideration is still relevant.]

Textual Amendments

F1Sch. 8 para. 20B and heading inserted (24.10.2008) (with application in accordance with art. 1(2) of the amending S.I.) by The Enterprise Act 2002 (Specification of Additional Section 58 Consideration) Order 2008 (S.I. 2008/2645), arts. 1(1), 4

Textual Amendments applied to the whole legislation

F2Act: for the words "solicitor of the Supreme Court of Northern Ireland" wherever they occur there is substituted (prosp.) the words "solicitor of the Court of Judicature of Northern Ireland" by virtue of Constitutional Reform Act 2005 (c. 4), ss. 59, 148(1), Sch. 11 para. 5 [Editorial Note: this amendment will be carried through into the text of the Act at the same time as any other effects on the Act for the year in which the relevant commencement order (or first such order) is made]

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