http://www.legislation.gov.uk/ukpga/2012/21/section/59/2015-01-01Financial Services Act 2012An Act to amend the Bank of England Act 1998, the Financial Services and Markets Act 2000 and the Banking Act 2009; to make other provision about financial services and markets; to make provision about the exercise of certain statutory functions relating to building societies, friendly societies and other mutual societies; to amend section 785 of the Companies Act 2006; to make provision enabling the Director of Savings to provide services to other public bodies; and for connected purposes.texttext/xmlenStatute Law Database2025-01-20Expert Participation2015-01-01 PART 4 Collaboration between Treasury and Bank of England, FCA or PRADuty of Bank to notify Treasury of changes591This section applies where a public funds notification has been given.2If the Bank of England is of the opinion that the risk to which the notification relates continues but that there is a substantial change in the matters which gave rise to the notification, the Bank must notify the Treasury.3If the Bank of England is of the opinion that the risk to which the notification relates has ceased, it must notify the Treasury.4Before giving a notification under subsection (3), the Bank must consult the Treasury.5A notification under subsection (3) must be given or confirmed in writing.S. 59 in force at 1.4.2013 by S.I. 2013/423, art. 3, Sch.