26.—(1) The rules may make provision for the implementation of a note exchange programme and for the collection and destruction of an authorised bank’s banknotes.
(2) In particular, the rules may specify—
(a)the procedure which noteholders must follow in order to make their claims;
(b)requirements with which an authorised bank must comply;
(c)assistance and information which an authorised bank must provide; and
(d)permissions or consents which an authorised bank must grant to the Bank of England or a person acting on its behalf.