PART 4Collaboration between Treasury and Bank of England, FCA or PRA

67Interpretation of Part 4

1

This section has effect for the interpretation of this Part.

2

Public funds notification” is to be read in accordance with section 58(2).

3

Financial assistance” includes giving guarantees or indemnities and any other kind of financial assistance (actual or contingent).

4

The Treasury may by order provide that a specified activity or transaction, or class of activity or transaction, is to be or not to be treated as financial assistance for the purposes of this Part; and subsection (3) is subject to this subsection.

5

Qualifying financial assistance” is to be read in accordance with section 60(5).