Banking Act 2009

61Sources of compensationU.K.

This adran has no associated Nodiadau Esboniadol

(1)This section applies to—

(a)compensation scheme orders,

(b)resolution fund orders,

(c)third party compensation orders, and

(d)regulations under section 60.

(2)An order or regulations may provide for compensation or other payments to be made by—

(a)the Treasury,

(b)the Financial Services Compensation Scheme, subject to section 214B of the Financial Services and Markets Act 2000 (contribution to costs of special resolution regime–inserted by section 171 below), or

(c)any other specified person.

Commencement Information

I1S. 61 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