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					<dc:identifier>http://www.legislation.gov.uk/ukpga/2009/1/section/111</dc:identifier><dc:title>Banking Act 2009</dc:title><dc:description>An Act to make provision about banking.</dc:description><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-02-20</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2026-01-19</dct:valid>
					
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					<ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="2009"/><ukm:Number Value="1"/><ukm:EnactmentDate Date="2009-02-12"/><ukm:ISBN Value="9780105450184"/><ukm:UnappliedEffects><ukm:UnappliedEffect AffectedExtent="E+W+S+N.I." AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2012/21" RequiresApplied="true" AffectingEffectsExtent="E+W+S+N.I." AffectedYear="2009" AffectingNumber="21" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingClass="UnitedKingdomPublicGeneralAct" AffectingProvisions="s. 96(3)" AffectingYear="2012" Modified="2024-02-13T13:42:44Z" EffectId="key-7455a3adf89e32b35f6ac8cdf42c31d1" URI="http://www.legislation.gov.uk/id/effect/key-7455a3adf89e32b35f6ac8cdf42c31d1" AffectedProvisions="s. 4(8A) (8B)" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2009/1" Row="166" Type="inserted" AffectedNumber="1"><ukm:AffectedTitle>Banking Act 2009</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-4-8A" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/4/8A" FoundRef="section-4">s. 4(8A)</ukm:Section> <ukm:Section Ref="section-4-8B" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/4/8B" FoundRef="section-4">(8B)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2012</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-96-3" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/96/3">s. 96(3)</ukm:Section></ukm:AffectingProvisions><ukm:Savings><ukm:Section Ref="schedule-20" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/20">Sch. 20</ukm:Section></ukm:Savings><ukm:CommencementAuthority><ukm:Section Ref="section-122-3" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/122/3">s. 122(3)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectingYear="2012" AffectingNumber="21" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2012/21" Type="inserted" AffectingEffectsExtent="E+W+S+N.I." AffectingProvisions="s. 96(4)(b)" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectedYear="2009" RequiresApplied="true" AffectedProvisions="s. 8(2)(d) and word" Modified="2024-02-13T13:42:44Z" EffectId="key-d8a63745bbb1439c835cfacc25903209" AffectedNumber="1" URI="http://www.legislation.gov.uk/id/effect/key-d8a63745bbb1439c835cfacc25903209" AffectedClass="UnitedKingdomPublicGeneralAct" AffectedExtent="E+W+S+N.I." AffectedURI="http://www.legislation.gov.uk/id/ukpga/2009/1" Row="231"><ukm:AffectedTitle>Banking Act 2009</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-8-2-d" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/8/2/d" FoundRef="section-8">s. 8(2)(d)</ukm:Section> and word</ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2012</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-96-4-b" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/96/4/b">s. 96(4)(b)</ukm:Section></ukm:AffectingProvisions><ukm:Savings><ukm:Section Ref="schedule-20" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/20">Sch. 20</ukm:Section></ukm:Savings><ukm:CommencementAuthority><ukm:Section Ref="section-122-3" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/122/3">s. 122(3)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect></ukm:UnappliedEffects></ukm:PrimaryMetadata>
					

                    
									<ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/notes"/><ukm:Alternatives><ukm:Alternative Date="2009-02-25" URI="http://www.legislation.gov.uk/ukpga/2009/1/pdfs/ukpgaen_20090001_en.pdf" Title="Explanatory Note"/></ukm:Alternatives>       
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/body" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/body" NumberOfProvisions="470" RestrictExtent="E+W+S+N.I." RestrictStartDate="2026-01-19"><Part DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/part/2" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/2" NumberOfProvisions="49" id="part-2" RestrictExtent="E+W+S+N.I." RestrictStartDate="2020-12-31"><Number><CommentaryRef Ref="key-b51e6c0382ca7cdcdc0e8125e497ae0e"/><CommentaryRef Ref="M_C_9d1f591a-5422-4003-a5ba-31adaef60d3d"/><CommentaryRef Ref="key-93f77ccf21d13fc3369d9cbadfb5b82c"/><CommentaryRef Ref="key-e5768b47ba00346b2c20a25d13f59326"/><Strong>Part 2</Strong></Number><Title>Bank Insolvency</Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/part/2/crossheading/tenure-of-bank-liquidator" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/2/crossheading/tenure-of-bank-liquidator" NumberOfProvisions="7" id="part-2-crossheading-tenure-of-bank-liquidator" RestrictStartDate="2017-04-07"><Title><Emphasis>Tenure of bank liquidator</Emphasis></Title><P1group RestrictStartDate="2009-02-21"><Title>Release</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/111" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/111" id="section-111"><Pnumber PuncAfter=""><CommentaryRef Ref="key-a200d6b20dffbd2f9912212313c526de"/>111</Pnumber><P1para><Text>A bank liquidator who is released is discharged from all liability in respect of acts or omissions in the bank insolvency and otherwise in relation to conduct as bank liquidator (but without prejudice to the effect of section 212 of the Insolvency Act 1986 as applied by section 103 above).</Text></P1para></P1></P1group></Pblock></Part></Body></Primary><Commentaries><Commentary id="key-a200d6b20dffbd2f9912212313c526de" Type="I"><Para><Text>S. 111 in force at 21.2.2009  by <Citation URI="http://www.legislation.gov.uk/id/uksi/2009/296" id="c5njw6fq2-01676" Class="UnitedKingdomStatutoryInstrument" Year="2009" Number="296" Title="The Banking Act 2009 (Commencement No. 1) Order 2009">S.I. 2009/296</Citation>, <CitationSubRef CitationRef="c5njw6fq2-01676" id="c5njw6fq2-01677" URI="http://www.legislation.gov.uk/id/uksi/2009/296/article/3" SectionRef="article-3">art. 3</CitationSubRef>, <CitationSubRef CitationRef="c5njw6fq2-01676" id="c5njw6fq2-01678" URI="http://www.legislation.gov.uk/id/uksi/2009/296/schedule/paragraph/2" SectionRef="schedule-paragraph-2" Operative="true">Sch. para. 2</CitationSubRef></Text></Para></Commentary><Commentary id="key-b51e6c0382ca7cdcdc0e8125e497ae0e" Type="C"><Para><Text>Pt. 2 applied (with modifications) by 1986 c. 53, s. 90C (as inserted (29.3.2009) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2009/805" id="c5nk1hz82-00007" Class="UnitedKingdomStatutoryInstrument" Year="2009" Number="805" Title="Building Societies (Insolvency and Special Administration) Order 2009">Building Societies (Insolvency and Special Administration) Order 2009 (S.I. 2009/805)</Citation>, <CitationSubRef CitationRef="c5nk1hz82-00007" id="c5nk1hz82-00008" URI="http://www.legislation.gov.uk/id/uksi/2009/805/article/2" SectionRef="article-2" Operative="true">art. 2</CitationSubRef>)</Text></Para></Commentary><Commentary id="key-93f77ccf21d13fc3369d9cbadfb5b82c" Type="C"><Para><Text>Pt. 2 restricted (7.1.2010) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2010/35" id="c5nlkqlf2-00016" Class="UnitedKingdomStatutoryInstrument" Year="2010" Number="35" Title="Banking Act 2009 (Exclusion of Insurers) Order 2010">Banking Act 2009 (Exclusion of Insurers) Order 2010 (S.I. 2010/35)</Citation>, <CitationSubRef CitationRef="c5nlkqlf2-00016" id="c5nlkqlf2-00017" URI="http://www.legislation.gov.uk/id/uksi/2010/35/article/1" SectionRef="article-1">arts. 1</CitationSubRef>, <CitationSubRef CitationRef="c5nlkqlf2-00016" id="c5nlkqlf2-00018" URI="http://www.legislation.gov.uk/id/uksi/2010/35/article/2" SectionRef="article-2" Operative="true">2</CitationSubRef></Text></Para></Commentary><Commentary id="key-e5768b47ba00346b2c20a25d13f59326" Type="C"><Para><Text>Pt. 2 applied (with modifications) (8.2.2011) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2011/245" id="c5ntqovd2-00018" Class="UnitedKingdomStatutoryInstrument" Year="2011" Number="245" Title="The Investment Bank Special Administration Regulations 2011">The Investment Bank Special Administration Regulations 2011 (S.I. 2011/245)</Citation>, <CitationSubRef CitationRef="c5ntqovd2-00018" id="c5ntqovd2-00019" URI="http://www.legislation.gov.uk/id/uksi/2011/245/regulation/1" SectionRef="regulation-1">reg. 1</CitationSubRef>, <CitationSubRef CitationRef="c5ntqovd2-00018" id="c5ntqovd2-00020" URI="http://www.legislation.gov.uk/id/uksi/2011/245/schedule/1/paragraph/6" SectionRef="schedule-1-paragraph-6">Sch. 1 paras. 6</CitationSubRef>, <CitationSubRef CitationRef="c5ntqovd2-00018" id="c5ntqovd2-00021" URI="http://www.legislation.gov.uk/id/uksi/2011/245/schedule/1/paragraph/7" SectionRef="schedule-1-paragraph-7" Operative="true">7</CitationSubRef></Text></Para></Commentary><Commentary id="M_C_9d1f591a-5422-4003-a5ba-31adaef60d3d" Type="C"><Para><Text>Pt. 2 modified (29.3.2009) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2009/805" id="c5nk1hz82-00015" Class="UnitedKingdomStatutoryInstrument" Year="2009" Number="805" Title="Building Societies (Insolvency and Special Administration) Order 2009">Building Societies (Insolvency and Special Administration) Order 2009 (S.I. 2009/805)</Citation>, <CitationSubRef id="cc134556308442" CitationRef="c5nk1hz82-00015" URI="http://www.legislation.gov.uk/id/uksi/2009/805/schedule/1/paragraph/1" SectionRef="schedule-1-paragraph-1" Operative="true">Sch. 1 para. 1</CitationSubRef> (as amended (7.4.2010) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2010/1189" id="c5nmnvz32-00007n1" Class="UnitedKingdomStatutoryInstrument" Year="2010" Number="1189" Title="Building Societies (Insolvency and Special Administration) (Amendment) Order 2010">Building Societies (Insolvency and Special Administration) (Amendment) Order 2010 (S.I. 2010/1189)</Citation>, <CitationSubRef CitationRef="" id="c5nmnvz32-00008n1" URI="http://www.legislation.gov.uk/id/uksi/2010/1189/article/1/2" SectionRef="article-1-2">arts. 1(2)</CitationSubRef>, <CitationSubRef CitationRef="" id="c5nmnvz32-00009n1" URI="http://www.legislation.gov.uk/id/uksi/2010/1189/article/2" SectionRef="article-2" Operative="true">2</CitationSubRef> and amended (7.4.2017) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2017/400" id="cw56vzgy3-00007" Class="UnitedKingdomStatutoryInstrument" Year="2017" Number="400" Title="The Deregulation Act 2015, the Small Business, Enterprise and Employment Act 2015 and the Insolvency (Amendment) Act (Northern Ireland) 2016 (Consequential Amendments and Transitional Provisions) Regulations 2017">The Deregulation Act 2015, the Small Business, Enterprise and Employment Act 2015 and the Insolvency (Amendment) Act (Northern Ireland) 2016 (Consequential Amendments and Transitional Provisions) Regulations 2017 (S.I. 2017/400)</Citation>, <CitationSubRef CitationRef="cw56vzgy3-00007" id="cw56vzgy3-00008" URI="http://www.legislation.gov.uk/id/uksi/2017/400/regulation/1/2" SectionRef="regulation-1-2">regs. 1(2)</CitationSubRef>, <CitationSubRef CitationRef="cw56vzgy3-00007" id="cw56vzgy3-00009" URI="http://www.legislation.gov.uk/id/uksi/2017/400/regulation/8" SectionRef="regulation-8" Operative="true">8</CitationSubRef>)</Text></Para></Commentary></Commentaries></Legislation>