184Recognition orderU.K.
This section has no associated Explanatory Notes
(1)The Treasury may by order (“recognition order”) specify an inter-bank payment system as a recognised system for the purposes of this Part.
(2)A recognition order must specify in as much detail as is reasonably practicable the arrangements which constitute the inter-bank payment system.
(3)The Treasury may not specify an inter-bank system operated solely by the Bank of England.
Commencement Information
I1S. 184 in force at 4.8.2009 by S.I. 2009/2038, art. 2, Sch. para. 3