SCHEDULES

F1SCHEDULE 17A Further provision in relation to exercise of Part 18 functions by Bank of England

Part 2Application of provisions of this Act in relation to Bank of England

Injunctions and restitution

27

(1)

The power to make an application under section 382(1) (restitution order) is exercisable by the Bank.

(2)

For the purposes of the application, any reference in that section to a relevant requirement is to be read in accordance with paragraph 26(2) of this Schedule F2(subject to sub-paragraph (3)).

F3(3)

The power to make an application under section 382(1) is not exercisable by the Bank in respect of the contravention of a requirement imposed by or under Article 4 or 15 of the SFT regulation.