Version Superseded: 01/04/2013
Point in time view as at 06/08/2010. This version of this provision has been superseded.
Banking Act 2009, Section 250 is up to date with all changes known to be in force on or before 17 March 2025. 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.
(1)The Financial Services Authority shall collect information that it thinks is or may be relevant to the stability of—
(a)individual financial institutions, or
(b)one or more aspects of the financial systems of the United Kingdom.
(2)The Authority may perform its function under subsection (1) by the exercise of the power in section 165 [F1or 165A] of the Financial Services and Markets Act 2000 (power to require information–as qualified[F2, in the case of the section 165 power, ] by section 249 above) or in any other way.
Textual Amendments
F1Words in s. 250(2) inserted (8.6.2010) by Financial Services Act 2010 (c. 28), s. 26(2)(e), Sch. 2 para. 47(a)
F2Words in s. 250(2) inserted (8.6.2010) by Financial Services Act 2010 (c. 28), s. 26(2)(e), Sch. 2 para. 47(b)
Commencement Information
I1S. 250 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 9
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