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Changes over time for: Paragraph 118


Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 31/12/2024.
Changes to legislation:
There are currently no known outstanding effects for the Financial Services and Markets Act 2023, Paragraph 118.

Changes to Legislation
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Paragraph 117: supplementalU.K.
This section has no associated Explanatory Notes
118(1)In paragraph 117 references to CCPs includes references to CCP group companies.
(2)Where the Bank exercises a stabilisation power in respect of a CCP group company in reliance on paragraph 117, the provisions relating to the stabilisation powers contained in this Schedule (except paragraphs 17 and 19) and any other enactment apply (with any necessary modifications) as if the CCP group company were a CCP.
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