The Cash Ratio Deposits (Eligible Liabilities) (Amendment) Order 2005

Statutory Instruments

2005 No. 3203

BANKS AND BANKING

The Cash Ratio Deposits (Eligible Liabilities) (Amendment) Order 2005

Made

16th November 2005

Laid before Parliament

17th November 2005

Coming into force

1st March 2006

The Treasury make the following Order in exercise of the powers conferred on them by paragraph 2(2) of Schedule 2 to the Bank of England Act 1998(1).

In accordance with paragraph 10 of Schedule 2 to that Act the Treasury have consulted the Bank of England, such persons as appear to them to be representative of persons likely to be materially affected by the Order, and such other persons as they think fit.

In accordance with paragraph 11 of Schedule 2 to that Act they have had regard to the financial needs of the Bank of England.