1987 No. 1189 (C. 32)
BANKS AND BANKING

The Banking Act 1987 (Commencement No. 1) Order 1987

Made
The Treasury, in exercise of the powers conferred upon them by section 110(2) of the Banking Act 19871, hereby make the following Order:

1.

This Order may be cited as the Banking Act 1987 (Commencement No. 1) Order 1987.

2.

The provisions of the Banking Act 1987 specified in the Schedule to this Order shall come into force on 15th July 1987.

Mark Lennox-Boyd
Tony Durant
Two of the Lords Commissioners of Her Majesty’s Treasury

SCHEDULE

Provisions of the Act

Subject matter of provisions

Part V.

Restriction on disclosure of information.

Section 102.

Orders and regulations.

Section 106.

Interpretation.

Section 107 (in so far as it relates to Schedule 5, paragraph 14).

Transitional provisions.

Section 108(1) (in so far as it relates to Schedule 6, paragraph 26(5)) and (2) (in so far as it relates to the entries in Schedule 7 referred to below).

Minor and consequential amendments, repeals and revocations.

Section 109.

Northern Ireland.

Section 110.

Short title and commencement.

Schedule 5, paragraph 14.

Restriction on disclosure of information.

Schedule 6, paragraph 26(5).

Amendment of the Building Societies Act 19862.

Schedule 7, entries in that Schedule relating to—

  • the Banking Act 19793, section 20;

  • the Building Societies Act 1986, section 54(4) and (5);

  • the Financial Services Act 19864, Schedule 13, paragraph 4.

Repeals.

(This note is not part of the Order)

This Order brings into force on 15th July 1987 the provisions of the Banking Act 1987 relating to restrictions on disclosure of information obtained by the Bank of England, the making of orders, interpretation, certain consequential amendments and repeals, the application of the Act to Northern Ireland, its short title and commencement.