- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
4.—(1) Where these Regulations confer a power of approval on the Bank of England, the Bank of England may grant approval subject to conditions.
(2) The Bank of England may amend or revoke a condition to which an approval is subject.
(3) The Bank of England must consult an authorised bank which is or may be affected by—
(a)a proposed condition to which an approval may be subject;
(b)the proposed withdrawal of an approval; or
(c)the proposed amendment or revocation of a condition to which an approval is subject.
(4) An authorised bank must comply with any conditions to which an approval is subject.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: