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					<dc:identifier>http://www.legislation.gov.uk/ukpga/2023/10/section/4</dc:identifier><dc:title>UK Infrastructure Bank Act 2023</dc:title><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2023-06-20</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2023-05-23</dct:valid>
					
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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="2023"/><ukm:Number Value="10"/><ukm:EnactmentDate Date="2023-03-23"/><ukm:ISBN Value="9780105701958"/></ukm:PrimaryMetadata>
					

                    
									 
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/2023/10/body" IdURI="http://www.legislation.gov.uk/id/ukpga/2023/10/body" NumberOfProvisions="11" RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-05-23"><P1group RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-05-23"><Title>Directions</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2023/10/section/4" IdURI="http://www.legislation.gov.uk/id/ukpga/2023/10/section/4" id="section-4">
<Pnumber><CommentaryRef Ref="key-603fc983048b02a929d4ab053c3b1f27"/>4</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2023/10/section/4/1" IdURI="http://www.legislation.gov.uk/id/ukpga/2023/10/section/4/1" id="section-4-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>The Treasury may give a specific or general direction to the Bank about how it is to deliver its objectives.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2023/10/section/4/2" IdURI="http://www.legislation.gov.uk/id/ukpga/2023/10/section/4/2" id="section-4-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>The Bank must comply with a direction.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2023/10/section/4/3" IdURI="http://www.legislation.gov.uk/id/ukpga/2023/10/section/4/3" id="section-4-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>The Treasury must—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2023/10/section/4/3/a" IdURI="http://www.legislation.gov.uk/id/ukpga/2023/10/section/4/3/a" id="section-4-3-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>consult the Bank’s directors before giving a direction, and</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2023/10/section/4/3/b" IdURI="http://www.legislation.gov.uk/id/ukpga/2023/10/section/4/3/b" id="section-4-3-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>publish a direction.</Text>
</P3para>
</P3>
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</P1></P1group></Body></Primary><Commentaries><Commentary id="key-603fc983048b02a929d4ab053c3b1f27" Type="I"><Para><Text><CitationSubRef SectionRef="section-4" URI="http://www.legislation.gov.uk/id/ukpga/2023/10/section/4" id="c0p3yqm55-00031">S. 4</CitationSubRef> in force at 23.5.2023, see <CitationSubRef SectionRef="section-11-2" URI="http://www.legislation.gov.uk/id/ukpga/2023/10/section/11/2" CitationRef="c0p3yqm55-00028" Operative="true" id="c0p3yqm55-00032">s. 11(2)</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>