Draft Order laid before Parliament under section 40(2) of the Bank of England Act 1998, for approval by resolution of each House of Parliament.
2018 No.
The Cash Ratio Deposits (Value Bands and Ratios) Order 2018
Made
Coming into force
The Treasury, in exercise of the powers conferred by paragraph 5 of Schedule 2 to the Bank of England Act 19981, make the following Order.
In accordance with section 40(2) of the Bank of England Act 19982, a draft of this Order was laid before Parliament and approved by a resolution of each House of Parliament.
In accordance with paragraphs 10 and 11 of Schedule 2 to the Bank of England Act 1998, 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 this Order and such other persons as they think fit, and, in making this Order, have had regard to the financial needs of the Bank of England.