<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/89D</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://www.legislation.gov.uk/def/navigation/notes" href="http://www.legislation.gov.uk/id/ukpga/2009/1/section/89D/notes" title="Explanatory Notes"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/notes/toc" href="http://www.legislation.gov.uk/ukpga/2009/1/notes/contents" title="Explanatory Notes Table of Contents"/>
					
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					<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/ukpga/2009/1/contents" title="Table of Contents"/>
					
					<atom:link rel="http://purl.org/dc/terms/replaces" href="http://www.legislation.gov.uk/ukpga/2009/1/section/89D/2014-08-01" title="2014-08-01"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/89D/2014-06-05" title="2014-06-05"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/89D/2014-08-01" title="2014-08-01"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/89D/2023-12-31" title="2023-12-31"/>
					
					<atom:link rel="up" href="http://www.legislation.gov.uk/ukpga/2009/1" title="Entire legislation"/><atom:link rel="prev" href="http://www.legislation.gov.uk/ukpga/2009/1/section/89C" title="Provision; Section 89C"/><atom:link rel="prevInForce" href="http://www.legislation.gov.uk/ukpga/2009/1/section/89C" title="Provision; Section 89C"/><atom:link rel="next" href="http://www.legislation.gov.uk/ukpga/2009/1/section/89E" title="Provision; Section 89E"/><atom:link rel="nextInForce" href="http://www.legislation.gov.uk/ukpga/2009/1/section/89E" title="Provision; Section 89E"/>
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									<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/1" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/1" NumberOfProvisions="229" id="part-1" RestrictExtent="E+W+S+N.I." RestrictStartDate="2026-01-19"><Number><CommentaryRef Ref="key-3f368772f125ea1ae21ac6cfd6f06119"/><CommentaryRef Ref="key-f4fd0d520deafd39562d2dea05f424f5"/><Strong>Part 1</Strong></Number><Title>Special Resolution Regime</Title><Chapter DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/part/1/chapter/5" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/1/chapter/5" NumberOfProvisions="19" id="part-1-chapter-5" RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-12-31"><Number><Addition ChangeId="key-12bdc81a0e7b51a4772974a763ddad20-1582895497475" CommentaryRef="key-12bdc81a0e7b51a4772974a763ddad20">Chapter 5</Addition></Number><Title><Addition ChangeId="key-12bdc81a0e7b51a4772974a763ddad20-1582895497475" CommentaryRef="key-12bdc81a0e7b51a4772974a763ddad20"> Special cases</Addition> </Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/part/1/crossheading/uk-clearing-houses" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/1/crossheading/uk-clearing-houses" NumberOfProvisions="6" id="part-1-crossheading-uk-clearing-houses" RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-12-31"><Title><Emphasis>
                       <CommentaryRef Ref="key-e897d6f8d601e9c6840770143f9f347c"/>... </Emphasis></Title><P1group RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-12-31"><Title> Recognised central counterparty  membership</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/89D" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/89D" id="section-89D"><Pnumber PuncAfter=""><CommentaryRef Ref="key-e897d6f8d601e9c6840770143f9f347c"/>89D</Pnumber><P1para><Text>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</Text></P1para></P1></P1group></Pblock></Chapter></Part></Body></Primary><Commentaries><Commentary id="key-3f368772f125ea1ae21ac6cfd6f06119" Type="C"><Para><Text>Pt. 1 restricted (7.1.2010) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2010/35" id="c5nlkqlf2-00007" 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="c5nlkqlf2-00007" id="c5nlkqlf2-00008" URI="http://www.legislation.gov.uk/id/uksi/2010/35/article/1" SectionRef="article-1">arts. 1</CitationSubRef>, <CitationSubRef CitationRef="c5nlkqlf2-00007" id="c5nlkqlf2-00009" 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-f4fd0d520deafd39562d2dea05f424f5" Type="C"><Para><Text>Pt. 1: power to amend conferred (1.3.2014) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2013/33" id="ckn1g5hk3-00068" Class="UnitedKingdomPublicGeneralAct" Year="2013" Number="33" Title="Financial Services (Banking Reform) Act 2013">Financial Services (Banking Reform) Act 2013 (c. 33)</Citation>, <CitationSubRef CitationRef="ckn1g5hk3-00068" id="ckn1g5hk3-00069" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/section/17/3/f" SectionRef="section-17-3-f" Operative="true">ss. 17(3)(f)</CitationSubRef>, <CitationSubRef CitationRef="ckn1g5hk3-00068" id="ckn1g5hk3-00070" URI="http://www.legislation.gov.uk/id/ukpga/2013/33/section/148/5" SectionRef="section-148-5">148(5)</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2014/377" id="ckn1g5hk3-00071" Class="UnitedKingdomStatutoryInstrument" Year="2014" Number="377" Title="The Financial Services (Banking Reform) Act 2013 (Commencement No. 1) Order 2014">S.I. 2014/377</Citation>, <CitationSubRef CitationRef="ckn1g5hk3-00071" id="ckn1g5hk3-00072" URI="http://www.legislation.gov.uk/id/uksi/2014/377/article/2/1/b" SectionRef="article-2-1-b">art. 2(1)(b)</CitationSubRef>, <CitationSubRef CitationRef="ckn1g5hk3-00071" id="ckn1g5hk3-00073" URI="http://www.legislation.gov.uk/id/uksi/2014/377/schedule/part/2" SectionRef="schedule-part-2">Sch. Pt. 2</CitationSubRef></Text></Para></Commentary><Commentary id="key-12bdc81a0e7b51a4772974a763ddad20" Type="F"><Para><Text>Pt. 1 Ch. 5 formed from ss. 83A-89G (1.1.2015) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2014/3329" id="cosfsx1x3-00319" Class="UnitedKingdomStatutoryInstrument" Year="2014" Number="3329" Title="The Bank Recovery and Resolution Order 2014">The Bank Recovery and Resolution Order 2014 (S.I. 2014/3329)</Citation>, <CitationSubRef CitationRef="cosfsx1x3-00319" id="cosfsx1x3-00320" URI="http://www.legislation.gov.uk/id/uksi/2014/3329/article/1/2" SectionRef="article-1-2">arts. 1(2)</CitationSubRef>, <CitationSubRef CitationRef="cosfsx1x3-00319" id="cosfsx1x3-00321" URI="http://www.legislation.gov.uk/id/uksi/2014/3329/article/98" SectionRef="article-98" Operative="true">98</CitationSubRef></Text></Para></Commentary><Commentary id="key-e897d6f8d601e9c6840770143f9f347c" Type="F"><Para><Text><CitationSubRef id="c9e1jym45-00005" SectionRef="part-1-crossheading-uk-clearing-houses" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/1/crossheading/uk-clearing-houses">S. 89B-89G and cross-heading</CitationSubRef> omitted (31.12.2023) by virtue of <Citation URI="http://www.legislation.gov.uk/id/ukpga/2023/29" id="c9e1jym45-00006" Class="UnitedKingdomPublicGeneralAct" Year="2023" Number="29" Title="Financial Services and Markets Act 2023">Financial Services and Markets Act 2023 (c. 29)</Citation>, <CitationSubRef CitationRef="c9e1jym45-00006" id="c9e1jym45-00007" SectionRef="section-86-3" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/section/86/3">s. 86(3)</CitationSubRef>, <CitationSubRef CitationRef="c9e1jym45-00006" id="c9e1jym45-00008" SectionRef="schedule-11-paragraph-162-6" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/schedule/11/paragraph/162/6" Operative="true">Sch. 11 para. 162(6)</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2023/1382" id="c9e1jym45-00009" Class="UnitedKingdomStatutoryInstrument" Year="2023" Number="1382" Title="The Financial Services and Markets Act 2023 (Commencement No. 4 and Transitional and Saving Provisions) (Amendment) Regulations 2023">S.I. 2023/1382</Citation>, <CitationSubRef CitationRef="c9e1jym45-00009" id="c9e1jym45-00010" SectionRef="regulation-8-b" URI="http://www.legislation.gov.uk/id/uksi/2023/1382/regulation/8/b">reg. 8(b)</CitationSubRef> (with <CitationSubRef CitationRef="c9e1jym45-00009" id="c9e1jym45-00011" SectionRef="regulation-14" URI="http://www.legislation.gov.uk/id/uksi/2023/1382/regulation/14">reg. 14</CitationSubRef>)</Text></Para></Commentary></Commentaries></Legislation>