Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 8 October 2014 - onwards
    Version 1 of 1    

Regulation 5 Powers of Bank

(1) The Bank shall have all the powers necessary for the performance of its functions and duties under Regulation 648/2012 and these Regulations.

(2) The powers provided for in this Part in respect of the Bank shall not be exercised in a manner or for a purpose inconsistent with their obligations pursuant to Regulation 648/2012 and these Regulations.

(3) Without limitation to the generality of paragraph (1), the Bank shall, in particular, have the powers set out in this Part and in Parts 4, 5 and 6.

Comparing proposed amendment...