http://www.legislation.gov.uk/ukpga/2009/1/section/206DBanking Act 2009An Act to make provision about banking.texttext/xmlenStatute Law Database2026-02-20Expert Participation2026-01-19 Banking Act 2009s. 4(8A) (8B)Financial Services Act 2012s. 96(3)Sch. 20s. 122(3)Banking Act 2009s. 8(2)(d) and wordFinancial Services Act 2012s. 96(4)(b)Sch. 20s. 122(3) PART 5A206D1The Bank of England—amust prepare a statement of its policy with respect to the exercise of its powers under this Part,bmust from time to time review the statement, andcmay prepare a revised statement.2When preparing a statement under this section, the Bank must consult such persons as appear to the Bank to be representative of persons likely to be affected by the statement.3After preparing a statement under this section the Bank must—aprovide the statement to the Treasury, andbpublish the statement.4The Treasury must lay a copy of each statement received under this section before Parliament.5No power conferred on the Bank by this Part may be exercised before a statement under this section has been published.Pt. 5A inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(d), Sch. 9 para. 1