Financial Services Act 2012

Bank of England Act 1998 (c. 11)U.K.

85(1)The Bank of England Act 1998 is amended as follows.U.K.

(2)In section 17 (power to obtain information), in subsections (3D) and (7)(a), for “Part 4” substitute “ Part 4A ”.

(3)Omit—

(a)section 21 and the italic heading before it;

(b)section 23(2);

(c)section 24 and the italic heading before it.

(4)In Schedule 2 (cash ratio deposits), in paragraph 1(1A)(c), for “Part 4” substitute “ Part 4A ”.

(5)In Schedule 7 (restriction on disclosure of information), in paragraph 3, in the Table—

(a)for “Financial Services Authority” substitute “ Financial Conduct Authority or the Prudential Regulation Authority ”, and

(b)omit the entry relating to the competent authority for the purposes of Part 6 of the Financial Services Act 2000.