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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 December 2001 - onwards
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Article 161 Power of Bank of England to require undertakings to provide information

(1) Section 17 of the Bank of England Act 1998 (power of Bank to require undertakings to provide information for purposes of Bank's functions under Part 2 of that Act) is amended as follows.

(2) For subsection (3) [Section 17(3) was amended by S.I. 2000/2952, regulation 7.] substitute -

"(3) An undertaking is one to which this section applies if -

(a) it has a place of business in the United Kingdom; and

(b) it falls within subsection (3A), (3B), (3C) or (3D).

(3A) An undertaking falls within this subsection if it is a deposit-taker.

(3B) An undertaking falls within this subsection if it is not a deposit-taker but it -

(a) falls within the subsector "other monetary financial institution", as defined by paragraph 2.48 of Annex A to Council Regulation (EC) No. 2223/96,

(b) carries on a business of granting credits secured on land used for residential purposes,

(c) has issued a debt security, or

(d) has acted as an agent in connection with arranging or managing the issue of a debt securit

Comparing proposed amendment...