Banking Act 2009

156Application of other lawU.K.

(1)The Secretary of State and the Treasury may by order made jointly—

(a)provide for an enactment about insolvency or administration to apply to bank administration (with or without specified modifications);

(b)amend, or modify the application of, an enactment about insolvency or administration in consequence of this Part.

(2)An order under subsection (1)—

(a)shall be made by statutory instrument, and

(b)may not be made unless a draft has been laid before and approved by resolution of each House of Parliament.