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HBOS Group Reorganisation Act 2006
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- UK Local Acts
- 2006 c. i
- Part 2
- Section 7
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7Management and administration of the Bank
(1)Subject to subsection (2) below the regulations of the Bank shall be the draft regulations approved on behalf of the board of the Bank on 26 November 2004, a certified copy of which—
(a)has been deposited in the office of the Clerk of the Parliaments, House of Lords and in the Private Bill Office of the House of Commons, and
(b)bears the title “Regulations of Bank of Scotland plc”,
as the board of the Bank may modify, alter, revoke or add to them from time to time before the registration date.
(2)The Bank may by special resolution in accordance with the 1985 Act alter the regulations, and any alteration so made shall be as valid as if originally contained in the regulations and be subject in like manner to alteration by such a special resolution from time to time.
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