SI 2009/322

Approved by both Houses of Parliament

Made                                       19th February 2009

Laid before Parliament          20th February 2009

Coming into force                   21st February 2009

The Treasury, in exercise of the powers conferred by sections 47 [See also section 83(4) of the Act.], 48 and 259(1) of the Banking Act 2009 [2009 c.1.], make the following Order.

The powers in sections 47 and 48 of the Banking Act 2009 are being exercised for the first time and the Treasury are satisfied, in accordance with section 259(4) of that Act, that it is necessary to exercise those powers without laying a draft for approval: