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Banking Act 2009

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Changes over time for: Section 89L

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Changes to legislation:

Banking Act 2009, Section 89L is up to date with all changes known to be in force on or before 07 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

[F189L.Restrictions on disclosure of confidential informationU.K.
This section has no associated Explanatory Notes

(1)Sections 348, 349, 352 and 353 of the Financial Services and Markets Act 2000 (disclosure of information) apply for the purposes of this Part with the following modifications.

(2)Section 348 of that Act has effect as if—

(a)in subsection (2)(b), after “Act” there were inserted “or of the Bank of England under Part 1 of the Banking Act 2009 or the Bank Recovery and Resolution (No 2) Order 2014”,

(b)in subsection (3)(a), at the end there were inserted “or the Banking Act 2009”, and

(c)in subsection (5)—

(i)after paragraph (c) there were inserted—

F2(ca). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(cb)a resolution administrator appointed under Part 1 of the Banking Act 2009;

[F3(cc)a person appointed to make a report under section 83ZB of that Act (reports by skilled persons);],

(ii)in paragraph (e) for “to (c)” there were substituted “ [F4to (cc)] ”, and

[F5(d)after subsection (6)(b) there were inserted—

(c)a competent person appointed by the Bank of England under Chapter 4 of Part 1 of the Banking Act 2009].

(3)Section 349 of that Act has effect as if, in subsection (2)(c), for “or the PRA” substitute “the PRA, the Bank of England or a resolution administrator appointed by virtue of section 62B of the Banking Act 2009”.

(4)Section 353 of that Act has effect as if in subsection (1)—

(a)in paragraph (a), after “under this Act” there were inserted “or the Banking Act 2009”, and

(b)in paragraph (b) after “to the” there were inserted “Bank of England, the”.]

Textual Amendments

F3Words in s. 89L(2)(c)(i) inserted (16.12.2016) by The Bank Recovery and Resolution Order 2016 (S.I. 2016/1239), arts. 1(2), 25(a)(i)

F4Words in s. 89L(2)(c)(ii) substituted (16.12.2016) by The Bank Recovery and Resolution Order 2016 (S.I. 2016/1239), arts. 1(2), 25(a)(ii)

F5S. 89L(2)(d): s. 89L(2)(c)(iii) renumbered as s. 89L(2)(d) (16.12.2016) by The Bank Recovery and Resolution Order 2016 (S.I. 2016/1239), arts. 1(2), 25(b)

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