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Part 3U.K.Bank Administration

MiscellaneousU.K.

156Application of other lawU.K.

(1)The Secretary of State and the Treasury may by order made jointly—

(a)provide for an enactment about insolvency or administration to apply to bank administration (with or without specified modifications);

(b)amend, or modify the application of, an enactment about insolvency or administration 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. 156 in force at 17.2.2009 for specified purposes by S.I. 2009/296, arts. 2, 3, Sch. para. 3

I2S. 156 in force at 21.2.2009 in so far as not already in force by S.I. 2009/296, arts. 2, 3, Sch. para. 3