http://www.legislation.gov.uk/ukpga/2009/1/section/236Banking 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 72361The Treasury shall arrange for a review of the effect of any investment bank insolvency regulations.2The review must be completed during the period of 2 years beginning with the date on which the regulations come into force.3The Treasury shall appoint one or more persons to conduct the review; and a person appointed must have expertise in connection with the law of insolvency or financial services.4The review must consider, in particular—ahow far the regulations are achieving the objectives specified in section 233(3), andbwhether the regulations should continue to have effect.5The review must result in a report to the Treasury.6The Treasury shall lay a copy of the report before Parliament.7If a review recommends further reviews—athe Treasury may arrange for the further reviews, andbsubsections (3) to (6) (and this subsection) shall apply to them.S. 236 in force at 21.2.2009 by S.I. 2009/296, art. 3, Sch. para. 6Ss. 233-236 applied (with modifications) by S.I. 2011/99, reg. 24A, Sch. 2ZA paras. 2-5 (as inserted (8.12.2020) by The Payment Services and Electronic Money (Amendment) Regulations 2020 (S.I. 2020/1275), regs. 1(2), 3, 4)Ss. 233-236 applied (with modifications) by S.I. 2017/752, reg. 23A, Sch. 3A paras. 2-5 (as inserted (8.12.2020) by The Payment Services and Electronic Money (Amendment) Regulations 2020 (S.I. 2020/1275), regs. 1(2), 6, 7)