Statutory Instruments

1996 No. 1669

BANKING

The Financial Institutions (Prudential Supervision) Regulations 1996

Made

27th June 1996

Laid before Parliament

27th June 1996

Coming into force

18th July 1996

The Treasury, being designated(1) for the purposes of, and in exercise of the powers conferred by, section 2(2) of the European Communities Act 1972(2) and of all other powers enabling them in that behalf, hereby make the following Regulations:—

(1)

See S.I. 1990/1304.

(2)

1972 c. 68. By virtue of the amendment of section 1(2) of the European Communities Act 1972 by section 1 of the European Economic Area Act 1993 (c. 51), regulations may be made under section 2(2) of the European Communities Act to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting the Agreement signed at Brussels on 17th March 1993 (Cm 2183).