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The Financial Markets and Insolvency (Money Market) Regulations 1995
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- UK Statutory Instruments
- 1995 No. 2049
- SUPPLEMENTARY
- Regulation 29
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Exemption from liability for damages
29.—(1) Neither the Bank of England nor any person who is a member of its Court of Directors or who is, or is acting as, an officer or servant of the Bank of England shall be liable in damages for anything done or omitted in the discharge or purported discharge of the functions of which this regulation applies unless it is shown that the act or omission was in bad faith.
(2) The functions to which this regulation applies are the functions of the Bank of England—
(a)in relation to listed persons and the maintenance of the list;
(b)under Part VII as it is applied by these Regulations;
(c)under the provisions of the 1986 Act applied by regulations 7 to 18 of these Regulations; and
(d)under these Regulations.
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