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Banking Act 2009

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Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).

244Immunity

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(1)The Bank of England has immunity in its capacity as a monetary authority.

(2)In this section—

(a)a reference to the Bank of England 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 in respect of action or inaction, and

(c)a reference to the Bank’s capacity as a monetary authority includes a reference to functions exercised by the Bank for the purpose of or in connection with—

(i)acting as the central bank of the United Kingdom, or

(ii)protecting or enhancing the stability of the financial systems of the United Kingdom.

(3)The immunity does not extend to action or inaction—

(a)in bad faith, or

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

Yn ôl i’r brig

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