House of Commons portcullis
House of Commons
Session 2008 - 09
Internet Publications
Other Bills before Parliament

Banking Bill


Banking Bill

vi

 

173   

Information

174   

Payments in error

175   

Regulations

176   

Delegation of functions

177   

Functions under this Act

Part 5

Inter-Bank Payment Systems

Introduction

178   

Overview

179   

Interpretation: “inter-bank payment system”

180   

Interpretation: other expressions

Recognised systems

181   

Recognition order

182   

Recognition criteria

183   

Procedure

184   

De-recognition

Regulation

185   

Principles

186   

Codes of practice

187   

System rules

188   

Directions

189   

Role of FSA

Enforcement

190   

Inspection

191   

Inspection: warrant

192   

Independent report

193   

Compliance failure

194   

Publication

195   

Penalty

196   

Closure

197   

Management disqualification

198   

Warning

199   

Appeal

Miscellaneous

200   

Fees

201   

Information

202   

Pretending to be recognised

203   

Saving for informal oversight

 
 

Banking Bill

vii

 

Part 6

Banknotes: Scotland and Northern Ireland

Introduction

204   

Overview

Key terms

205   

“Banknote”

206   

“Issue”

207   

“Authorised bank”

208   

“Commencement”

Authorisation to issue

209   

Repeal of old authorising enactments

210   

Saving for existing issuers

211   

Consequential repeals and amendments

Regulations and rules

212   

Banknote regulations

213   

Banknote rules

Specific issues

214   

Backing assets

215   

Information

216   

Ceasing the business of issuing notes

217   

Insolvency, &c.

Enforcement

218   

Offence: unlawful issue

219   

Financial penalty

220   

Termination of right to issue

221   

Application to court

Bank of England

222   

Organisation

223   

Discretionary functions

224   

Exemption

Part 7

Miscellaneous

Treasury support for banks

225   

Consolidated Fund

226   

National Loans Fund

 
 

Banking Bill

viii

 

227   

“Financial institution”

Bank of England

228   

UK financial stability

229   

Number of directors

230   

Meetings

231   

Chair of court

232   

Quorum

233   

Tenure

234   

Immunity

235   

Weekly return

236   

Information

237   

Bank of England Act 1946

Financial Services Authority

238   

Variation of permission

239   

Functions

240   

Information

Central banks

241   

Financial assistance to building societies

242   

Registration of charges

243   

Registration of charges: Scotland

Funds attached rule (Scotland)

244   

Abolition for cheques

Financial collateral arrangements

245   

Regulations

246   

Supplemental

Part 8

General

247   

“Financial assistance”

248   

“Enactment”

249   

Statutory instruments

250   

Money

251   

Index of defined terms

252   

Repeal

253   

Commencement

254   

Extent

255   

Short title

 
 

 
previous section contents continue
 
House of Commons home page Houses of Parliament home page House of Lords home page search page enquiries

© Parliamentary copyright 2008
Revised 5 December 2008