[F1300JStatement of policy relating to review of rulesU.K.
(1)The Bank of England must prepare and publish a statement of policy with respect to its review of rules under section 300I.
(2)The statement must provide information about—
(a)how representations (including by a statutory panel) can be made to the Bank with respect to its review of rules under section 300I, and
(b)the arrangements to ensure that those representations are considered.
(3)In this section “statutory panel” has the meaning given by section 1RB(5).
(4)If a statement published under this section is altered or replaced, the Bank must publish the altered or replaced statement.
(5)A statement prepared under this section must be published by the Bank in the way appearing to the Bank to be best designed to bring it to the attention of the public.]
Textual Amendments
F1Ss. 300I-300M and cross-heading inserted (1.1.2024 at 1.00 a.m.) by Financial Services and Markets Act 2023 (c. 29), ss. 49(2), 86(3); S.I. 2023/1382, reg. 10(e)