Banking Act 2009 (c. 1)

Part 5 U.K. Inter-Bank Payment Systems

Miscellaneous U.K.

[F1 203A Records U.K.

(1) The Bank of England must maintain satisfactory arrangements for—

(a) recording decisions made in the exercise of its functions under this Part, and

(b) the safe-keeping of those records which it considers ought to be preserved.

(2) The duty in subsection (1) does not apply to a decision to issue a notice under section 204(1).]

Textual Amendments

F1 Ss. 203A, 203B inserted (1.4.2013) by Financial Services Act 2012 (c. 21), ss. 104(8), 122(3) (with Sch. 20); S.I. 2013/423, art. 3, Sch.