Banking Act 2009

[F1206OInspectionU.K.

This section has no associated Explanatory Notes

(1)The Bank of England may appoint one or more persons to inspect the performance by a recognised person of a relevant function in relation to a wholesale cash distribution activity.

(2)A recognised person who performs a relevant function in relation to a wholesale cash distribution activity must—

(a)grant an inspector access, on request and at any reasonable time, to premises on or from which any part of the function is performed, and

(b)otherwise co-operate with an inspector.]