86(1)The Bank may, in making a resolution instrument, share transfer instrument or property transfer instrument in relation to a CCP, direct that CCP to pay the Bank a specified fee to cover expenses reasonably incurred by the Bank in connection with exercising that option.
(2)The Treasury may direct a CCP in relation to which the Bank has made a resolution instrument, share transfer instrument or property transfer instrument to pay the Treasury a specified fee to cover expenses reasonably incurred by the Treasury in connection with the exercise by the Bank of that power in relation to the CCP.
Commencement Information
I1Sch. 11 para. 86 not in force at Royal Assent, see s. 86(3)
I2Sch. 11 para. 86 in force at 31.12.2023 by S.I. 2023/1382, reg. 8(b)