Bank of England and Financial Services Act 2016

This adran has no associated Nodiadau Esboniadol

11(1)Sub-paragraph (2) applies to anything that—U.K.

(a)is done (or has effect as if done) by or in relation to the company for the purposes of, or otherwise in connection with, a transferred function or transferred property, and

(b)is in effect immediately before the function or property is transferred.

(2)Anything to which this sub-paragraph applies is to be treated, so far as is appropriate in consequence of the transfer, as done by or in relation to the Bank, in its capacity as the Prudential Regulation Authority.

Commencement Information

I1Sch. 3 para. 11 in force at 1.3.2017 by S.I. 2017/43, reg. 2(h)