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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 29 August 2023 - onwards
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2AB. Functions of the PRA

(1) The PRA is to have the functions conferred on it by or under this Act.

(2) Schedule 1ZB makes provision about functions of the PRA.

(3) References in this Act or any other enactment to functions conferred on the PRA by or under this Act include references to functions conferred on the PRA by or under -

(a) the Insolvency Act 1986,

(b) the Banking Act 2009,

(c) the Financial Services Act 2012,

(ca) the Financial Services and Markets Act 2023,

(d) a qualifying provision that is specified, or of a description specified, for the purposes of this subsection by the Treasury by order, or

(e) regulations made by the Treasury under section 8 of the European Union (Withdrawal) Act 2018.

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