Consultation before designation of a credit reference agencyU.K.
This section has no associated Explanatory Memorandum
13.—(1) Before designating a credit reference agency or revoking the designation of a credit reference agency, the Treasury may consult—
(a)the company incorporated as a private company limited by shares on 18th July 2013 with the company number 08616013 and re-registered as a public company limited by shares on 29th October 2013 with the name British Business Bank plc;
(b)a subsidiary of the company referred to in sub-paragraph (a); or
(c)any other person they consider appropriate.
(2) In considering whether to designate a credit reference agency or to revoke the designation of a credit reference agency, the Treasury may rely on advice or information provided in response to consultation under paragraph (1).