(1)The Secretary of State and the Treasury may by order made jointly—
(a)provide for an enactment about insolvency to apply to bank insolvency (with or without specified modifications);
(b)amend, or modify the application of, an enactment about insolvency in consequence of this Part.
(2)An order under subsection (1)—
(a)shall be made by statutory instrument, and
(b)may not be made unless a draft has been laid before and approved by resolution of each House of Parliament.
Commencement Information
I1S. 122 in force at 17.2.2009 for specified purposes by S.I. 2009/296, arts. 2, 3, Sch. para. 2
I2S. 122 in force at 21.2.2009 in so far as not already in force by S.I. 2009/296, arts. 2, 3, Sch. para. 2