The Credit Institutions (Reorganisation and Winding Up) (Amendment) Regulations 2007

Statutory Instruments

2007 No. 830

INSOLVENCY

COMPANIES

The Credit Institutions (Reorganisation and Winding Up) (Amendment) Regulations 2007

Made

13th March 2007

Laid before Parliament

14th March 2007

Coming into force

6th April 2007

The Treasury are the government department designated(1) for the purposes of section 2(2) of the European Communities Act 1972(2) in relation to measures relating to credit and financial institutions and to the taking of deposits or other repayable funds from the public. In exercise of the powers conferred by that section, the Treasury hereby make the following Regulations:

(1)

Designated by S.I. 2001/3495.

(2)

1972 c.68; by virtue of the amendment of section 1(2) made by section 1 of the European Economic Area Act 1993 (c.51) regulations may be made under section 2(2) to implement obligations of the United Kingdom created or arising by or under the agreement on the European Economic Area signed at Oporto on 2^nd May 1992 (Cm 2073) and the Protocol adjusting the agreement signed at Brussels on 17 March 1993 (Cm 2183). Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions applies in the EEA by virtue of EEA Council Decision No. 167/2002 (OJ L 125, 5.5.2001, p. 15).