41ProcedureU.K.
(1)As soon as is reasonably practicable after making a property transfer instrument in respect of a bank the Bank of England shall send a copy to—
(a)the bank,
(b)the Treasury,
[F1(c)the PRA,
(ca)the FCA, and]
(d)any other person specified in the code of practice under section 5.
(2)As soon as is reasonably practicable after making a property transfer instrument the Bank of England shall publish a copy—
(a)on the Bank's internet website, and
(b)in two newspapers, chosen by the Bank of England to maximise the likelihood of the instrument coming to the attention of persons likely to be affected.
(3)Where the Treasury receive a copy of a property transfer instrument under subsection (1) they shall lay a copy before Parliament.
Textual Amendments
F1S. 41(1)(c)(ca) substituted for s. 41(1)(c) (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 20 (with Sch. 20); S.I. 2013/423, art. 3, Sch.
Commencement Information
I1S. 41 in force at 17.2.2009 for specified purposes by S.I. 2009/296, arts. 2, 3, Sch. para. 1
I2S. 41 in force at 21.2.2009 in so far as not already in force by S.I. 2009/296, arts. 2, 3, Sch. para. 1