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6th April 2010
Coming into force in accordance with article 1(2)
The Treasury, in exercise of the powers conferred by sections 130, 158 and 259(1) of the Banking Act 2009(1), make the following Order.
In accordance with sections 130(3) and 158(3) of that Act, a draft of this Order has been laid before and approved by resolution of each House of Parliament.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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