F1PART 1AFinancial Stability

Directions by Financial Policy Committee

9KFurther provisions about directions under section 9H

(1)

Each of the following must be in writing—

(a)

a direction under section 9H;

(b)

a notice revoking such a direction;

(c)

a report under section 9I(3).

(2)

The Financial Policy Committee must give the Treasury a copy of any direction under section 9H or any notice revoking such a direction.

(3)

The Treasury may, if they think fit, lay before Parliament a copy of a direction under section 9H or a notice revoking such a direction.

(4)

Where a direction under section 9H, or a notice revoking such a direction, is included in a record published under section 9U, the Treasury must, if they have not already done so, lay before Parliament a copy of the direction or notice in the form in which it is published in the record.