F1PART 5AWholesale cash distribution

Annotations:
Amendments (Textual)

Miscellaneous

206ZFees

1

The Bank of England may require a recognised person to pay fees.

2

A requirement under subsection (1) must relate to a scale of fees approved by the Treasury by regulations.

3

Regulations under subsection (2)—

a

are to be made by statutory instrument, and

b

are subject to annulment in pursuance of a resolution of either House of Parliament.

4

A requirement under subsection (1) may be enforced by the Bank as a civil debt owed to the Bank.