Bank of England Act 1998

62 (1) Section 449 of the Companies Act 1985 is amended as follows.

(2) In subsection (1), for paragraph (f) there is substituted—

“(f) for the purpose of enabling or assisting the Bank of England to discharge its functions,

(fa) for the purpose of enabling or assisting the Financial Services Authority to discharge—

(i) any functions under the [1986 c. 60.] Financial Services Act 1986, other than as a designated agency within the meaning of that Act,

(ii) its functions under the [1987 c. 22.] Banking Act 1987, or

(iii) its functions under section 171 of the [1989 c. 40.] Companies Act 1989,”.

(3) In subsection (3), after paragraph (h) there is inserted—

“(ha) the Financial Services Authority, other than in its capacity as a designated agency within the meaning of the Financial Services Act 1986,”.