Part 1Special Resolution Regime
Objectives and code
I16Code of practice: procedure
1
Before issuing the code of practice the Treasury must consult—
a
the FSA,
b
the Bank of England, and
c
the scheme manager of the Financial Services Compensation Scheme (established under Part 15 of the Financial Services and Markets Act 2000).
2
As soon as is reasonably practicable after issuing the code of practice the Treasury shall lay a copy before Parliament.
3
The Treasury may revise and re-issue the code of practice.
4
Subsections (1) and (2) apply to re-issue as to the first issue.