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Bank of England and Financial Services Act 2016
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Bank of England and Financial Services Act 2016, Paragraph 11 is up to date with all changes known to be in force on or before 02 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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This section has no associated Explanatory Notes
11(1)Sub-paragraph (2) applies to anything that—U.K.
(a)is done (or has effect as if done) by or in relation to the company for the purposes of, or otherwise in connection with, a transferred function or transferred property, and
(b)is in effect immediately before the function or property is transferred.
(2)Anything to which this sub-paragraph applies is to be treated, so far as is appropriate in consequence of the transfer, as done by or in relation to the Bank, in its capacity as the Prudential Regulation Authority.
Commencement Information
I1Sch. 3 para. 11 in force at 1.3.2017 by S.I. 2017/43, reg. 2(h)
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