<Legislation xmlns="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1" NumberOfProvisions="470" xsi:schemaLocation="http://www.legislation.gov.uk/namespaces/legislation http://www.legislation.gov.uk/schema/legislation.xsd" SchemaVersion="1.0" RestrictExtent="E+W+S+N.I." RestrictStartDate="2026-01-19"><ukm:Metadata xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata">
					<dc:identifier>http://www.legislation.gov.uk/ukpga/2009/1/section/210</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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					<atom:link rel="http://purl.org/dc/terms/replaces" href="http://www.legislation.gov.uk/ukpga/2009/1/section/210/2009-11-23" title="2009-11-23"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/210/enacted" title="enacted"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/210/2009-11-23" title="2009-11-23"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/210/2016-07-06" title="2016-07-06"/>
					
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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 Type="inserted" AffectedExtent="E+W+S+N.I." AffectingURI="http://www.legislation.gov.uk/id/ukpga/2012/21" Modified="2024-02-13T13:42:44Z" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectingEffectsExtent="E+W+S+N.I." Row="166" RequiresApplied="true" AffectedClass="UnitedKingdomPublicGeneralAct" AffectedYear="2009" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2009/1" AffectingYear="2012" AffectingProvisions="s. 96(3)" AffectedProvisions="s. 4(8A) (8B)" EffectId="key-7455a3adf89e32b35f6ac8cdf42c31d1" AffectedNumber="1" URI="http://www.legislation.gov.uk/id/effect/key-7455a3adf89e32b35f6ac8cdf42c31d1" AffectingNumber="21"><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 AffectedURI="http://www.legislation.gov.uk/id/ukpga/2009/1" AffectedClass="UnitedKingdomPublicGeneralAct" 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" Type="inserted" AffectedProvisions="s. 8(2)(d) and word" EffectId="key-d8a63745bbb1439c835cfacc25903209" AffectingClass="UnitedKingdomPublicGeneralAct" RequiresApplied="true" AffectedNumber="1" AffectedYear="2009" AffectingProvisions="s. 96(4)(b)" URI="http://www.legislation.gov.uk/id/effect/key-d8a63745bbb1439c835cfacc25903209" AffectingEffectsExtent="E+W+S+N.I." AffectingYear="2012" AffectingNumber="21" Modified="2024-02-13T13:42:44Z" AffectedExtent="E+W+S+N.I." 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/section/210/notes" DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/210/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/6" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/6" NumberOfProvisions="22" id="part-6" RestrictStartDate="2018-02-08"><Number><Strong>Part 6</Strong></Number><Title>Banknotes: Scotland and Northern Ireland</Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/part/6/crossheading/key-terms" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/6/crossheading/key-terms" NumberOfProvisions="4" id="part-6-crossheading-key-terms" RestrictStartDate="2018-02-08"><Title><Emphasis>Key terms</Emphasis></Title><P1group RestrictExtent="E+W+S+N.I." RestrictStartDate="2016-07-06"><Title>“Authorised bank”</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/210" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/210" id="section-210"><Pnumber PuncAfter=""><CommentaryRef Ref="key-3a9498bffa0fa88d04c4b99b3cd6282e"/>210</Pnumber><P1para><Text>In this Part  “<Term id="term-authorised-bank">authorised bank</Term>” means </Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/210/a" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/210/a" id="section-210-a"><Pnumber><Addition ChangeId="key-9a3d85af2208b7e65f12d85c44f70ae3-1598203259998" CommentaryRef="key-9a3d85af2208b7e65f12d85c44f70ae3">a</Addition></Pnumber><P3para><Text> a bank which immediately before commencement was authorised to issue banknotes in Scotland or Northern Ireland <Addition ChangeId="key-e206402fbcbf7b9b311d4861d7179d6e-1598203421281" CommentaryRef="key-e206402fbcbf7b9b311d4861d7179d6e">(unless by virtue of regulations under section 214A it is no longer an authorised bank for the purposes of this Part), or   </Addition></Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/210/b" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/210/b" id="section-210-b"><Pnumber><Addition ChangeId="key-f0cfb6df127bc61d4a7739221b955a6f-1598203183290" CommentaryRef="key-f0cfb6df127bc61d4a7739221b955a6f">b</Addition></Pnumber><P3para><Text><Addition ChangeId="key-f0cfb6df127bc61d4a7739221b955a6f-1598203183290" CommentaryRef="key-f0cfb6df127bc61d4a7739221b955a6f">a bank which is designated as an authorised bank for the purposes of this Part by regulations under section 214A(1)(a).</Addition></Text></P3para></P3></P1para></P1></P1group></Pblock></Part></Body></Primary><Commentaries><Commentary id="key-3a9498bffa0fa88d04c4b99b3cd6282e" Type="I"><Para><Text>S. 210 in force at 23.11.2009  by <Citation URI="http://www.legislation.gov.uk/id/uksi/2009/3000" id="c5nl3gnz2-00230" Class="UnitedKingdomStatutoryInstrument" Year="2009" Number="3000" Title="The Banking Act 2009 (Commencement No. 4) Order 2009">S.I. 2009/3000</Citation>, <CitationSubRef CitationRef="c5nl3gnz2-00230" id="c5nl3gnz2-00231" URI="http://www.legislation.gov.uk/id/uksi/2009/3000/article/3" SectionRef="article-3" Operative="true">art. 3</CitationSubRef></Text></Para></Commentary><Commentary id="key-f0cfb6df127bc61d4a7739221b955a6f" Type="F"><Para><Text>S. 210(b) inserted (6.7.2016) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2016/14" id="cvtneeuu3-00007" Class="UnitedKingdomPublicGeneralAct" Year="2016" Number="14" Title="Bank of England and Financial Services Act 2016">Bank of England and Financial Services Act 2016 (c. 14)</Citation>, <CitationSubRef CitationRef="cvtneeuu3-00007" id="cvtneeuu3-00008" URI="http://www.legislation.gov.uk/id/ukpga/2016/14/section/38/3/c" SectionRef="section-38-3-c" Operative="true">ss. 38(3)(c)</CitationSubRef>, <CitationSubRef CitationRef="cvtneeuu3-00007" id="cvtneeuu3-00009" URI="http://www.legislation.gov.uk/id/ukpga/2016/14/section/41/3" SectionRef="section-41-3">41(3)</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2016/627" id="cvtneeuu3-00010" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="627" Title="The Bank of England and Financial Services Act 2016 (Commencement No. 3) Regulations 2016">S.I. 2016/627</Citation>, <CitationSubRef CitationRef="cvtneeuu3-00010" id="cvtneeuu3-00011" URI="http://www.legislation.gov.uk/id/uksi/2016/627/regulation/2/1/bb" SectionRef="regulation-2-1-bb">reg. 2(1)(bb)</CitationSubRef></Text></Para></Commentary><Commentary id="key-9a3d85af2208b7e65f12d85c44f70ae3" Type="F"><Para><Text>S. 210(a): words in s. 210 renumbered as s. 210(a) (6.7.2016) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2016/14" id="cvtneeuu3-00018" Class="UnitedKingdomPublicGeneralAct" Year="2016" Number="14" Title="Bank of England and Financial Services Act 2016">Bank of England and Financial Services Act 2016 (c. 14)</Citation>, <CitationSubRef CitationRef="cvtneeuu3-00018" id="cvtneeuu3-00019" URI="http://www.legislation.gov.uk/id/ukpga/2016/14/section/38/3/a" SectionRef="section-38-3-a" Operative="true">ss. 38(3)(a)</CitationSubRef>, <CitationSubRef CitationRef="cvtneeuu3-00018" id="cvtneeuu3-00020" URI="http://www.legislation.gov.uk/id/ukpga/2016/14/section/41/3" SectionRef="section-41-3">41(3)</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2016/627" id="cvtneeuu3-00021" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="627" Title="The Bank of England and Financial Services Act 2016 (Commencement No. 3) Regulations 2016">S.I. 2016/627</Citation>, <CitationSubRef CitationRef="cvtneeuu3-00021" id="cvtneeuu3-00022" URI="http://www.legislation.gov.uk/id/uksi/2016/627/regulation/2/1/bb" SectionRef="regulation-2-1-bb">reg. 2(1)(bb)</CitationSubRef></Text></Para></Commentary><Commentary id="key-e206402fbcbf7b9b311d4861d7179d6e" Type="F"><Para><Text>Words in s. 210(a) inserted (6.7.2016) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2016/14" id="cvtneeuu3-00029" Class="UnitedKingdomPublicGeneralAct" Year="2016" Number="14" Title="Bank of England and Financial Services Act 2016">Bank of England and Financial Services Act 2016 (c. 14)</Citation>, <CitationSubRef CitationRef="cvtneeuu3-00029" id="cvtneeuu3-00030" URI="http://www.legislation.gov.uk/id/ukpga/2016/14/section/38/3/b" SectionRef="section-38-3-b" Operative="true">ss. 38(3)(b)</CitationSubRef>, <CitationSubRef CitationRef="cvtneeuu3-00029" id="cvtneeuu3-00031" URI="http://www.legislation.gov.uk/id/ukpga/2016/14/section/41/3" SectionRef="section-41-3">41(3)</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2016/627" id="cvtneeuu3-00032" Class="UnitedKingdomStatutoryInstrument" Year="2016" Number="627" Title="The Bank of England and Financial Services Act 2016 (Commencement No. 3) Regulations 2016">S.I. 2016/627</Citation>, <CitationSubRef CitationRef="cvtneeuu3-00032" id="cvtneeuu3-00033" URI="http://www.legislation.gov.uk/id/uksi/2016/627/regulation/2/1/bb" SectionRef="regulation-2-1-bb">reg. 2(1)(bb)</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>