Part 5... Payment Systems and service providers

Miscellaneous

F1203ARecords

(1)

The Bank of England must maintain satisfactory arrangements for—

(a)

recording decisions made in the exercise of its functions under this Part, and

(b)

the safe-keeping of those records which it considers ought to be preserved.

(2)

The duty in subsection (1) does not apply to a decision to issue a notice under section 204(1).