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Bank of England Act 1998
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4(1)In the case of any call notice, the amount to be specified under paragraph 3(2)(b) is the amount, or, as the case may be, the sum of the amounts, produced by multiplying so much of the institution’s average liability base for the reference period as falls into each value band by the ratio applicable to that band.
(2)The Bank may use such method to calculate an institution’s average liability base for the purposes of this paragraph as it thinks fit, and may use different methods for different institutions.
(3)For the purposes of this paragraph, value bands and the ratios applicable to them are such as may be specified under paragraph 5.
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