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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 23 November 2009 - onwards
Version 2 of 2

Regulation 16 Publication or disclosure by Bank of England of enforcement action

(1) The Bank of England may publish or disclose details of -

(a) anything done in contravention of Part 6 of the Act (Banknotes: Scotland and Northern Ireland) or these Regulations or the rules;

(b) any action taken under -

(i) section 221 (offence: unlawful issue), 223 or 224 (application to court) of the Act, or

(ii) regulation 33 of, or Schedule 3 to, these Regulations,

and may include details of the reason for the action and its result.

(2) But the Bank of England must not publish details of any action taken under section 223 of the Act, regulation 33 or Schedule 3 -

(a) before the end of a period of 3 months beginning with the relevant date; or

(b) until any judicial review brought by the authorised bank in respect of that action has been determined.

(3) For the purposes of paragraph (2)(a), the relevant date is -