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Banking Act 2009
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Changes over time for: Section 24
Alternative versions:
- 17/02/2009- Amendment
- 21/02/2009- Amendment
- 01/04/2013- Amendment
- 01/01/2015- Amendment
- 31/12/2020
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Banking Act 2009, Section 24 is up to date with all changes known to be in force on or before 19 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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24Procedure: instrumentsU.K.
This section has no associated Explanatory Notes
(1)As soon as is reasonably practicable after making a share transfer instrument in respect of a bank the Bank of England shall send a copy to—
(a)the bank,
(b)the Treasury,
[F1(c)the PRA,
(ca)the FCA, and]
(d)any other person specified in the code of practice under section 5.
(2)As soon as is reasonably practicable after making a share transfer instrument the Bank of England shall publish a copy—
(a)on the Bank's internet website, F2...
(b)in two newspapers, chosen by the Bank of England to maximise the likelihood of the instrument coming to the attention of persons likely to be affected[F3, and
(c)if securities issued by the bank have been admitted to trading on a regulated market (within the meaning of section 103(1) of the Financial Services and Markets Act 2000), by means of a regulatory information service (within the meaning of section 313D of that Act),
and arrange for the publication of a copy on the internet website of the bank in respect of which the instrument was made.]
(3)Where the Treasury receive a copy of a share transfer instrument under subsection (1) they shall lay a copy before Parliament.
Textual Amendments
F1S. 24(1)(c)(ca) substituted for s. 24(1)(c) (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 12 (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F2Word in s. 24(2) omitted (1.1.2015) by virtue of The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 29
F3Words in s. 24(2) inserted (1.1.2015) by The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329), arts. 1(2), 29
Commencement Information
I1S. 24 in force at 17.2.2009 for specified purposes by S.I. 2009/296, arts. 2, 3, Sch. para. 1
I2S. 24 in force at 21.2.2009 in so far as not already in force by S.I. 2009/296, arts. 2, 3, Sch. para. 1
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