icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
Regulated Covered Bonds Regulations 2008 [SI 2008 No. 346]Introductory TextPart 1 Introduction (regs. 1-5)Regulation 1 Citation, commencement and interpretationRegulation 2 Eligible propertyRegulation 3 Asset PoolRegulation 4 OwnerRegulation 5 Connected personPart 2 The Authority (reg. 6)Regulation 6 Functions of the AuthorityPart 3 Registration (regs. 7-14)Regulation 7 RegistersRegulation 8 Applications for registrationRegulation 9 Applications for admission to the register of issuersRegulation 10 Applications for admission to the register of regulated covered bondsRegulation 11 Refusal of applications for registrationRegulation 12 Applications: supplementaryRegulation 13 Decision on the applicationRegulation 14 Admission to the registersPart 4 Issuers (regs. 15-20)Regulation 15 Acting without registrationRegulation 16 Sums derived from the issue of regulated covered bondsRegulation 17 General requirementsRegulation 17A Asset pool monitorRegulation 18 Notification requirementsRegulation 19 Change of issuerRegulation 20 Material changes to the regulated covered bondPart 5 Owners (regs. 21-26)Regulation 21 ProhibitionRegulation 22 Sums derived from the issue of regulated covered bondsRequirements relating to the asset pool (regs. 23-24)Regulation 23Regulation 24Regulation 25 Change of ownerRegulation 26 Transfer of titlePart 6 Priority of payment (regs. 27-29)Regulation 27 Priority in a winding upRegulation 28 Realisation of a chargeRegulation 29 ExpensesPart 7 Enforcement (regs. 30-38)Regulation 30 Authority's power to give directionsRegulation 31 Removal from the registerRegulation 32 Directions and revocation: procedureRegulation 33 Powers of the courtFinancial penalties (regs. 34-37)Regulation 34Regulation 35Regulation 36Regulation 36ARegulation 37Regulation 38 Offence of misleading the AuthorityPart 8 The Upper Tribunal (regs. 39-40)Regulation 39 Functions of the TribunalRegulation 40 Hearings and appealsPart 9 Miscellaneous (regs. 41-46)Regulation 41 Notification of the CommissionRegulation 42 GuidanceRegulation 43 Disclosure of informationRegulation 44 Warning notices and decision noticesRegulation 45 Authority's exemption from liability in damagesRegulation 46 Modifications of primary and secondary legislationSchedule - Modification to primary and secondary legislationSchedule, Part 1 Primary legislation (paras. 1-6)Schedule, Part 2 Secondary Legislation (paras. 7-12)SignatureExplanatory NoteExplanatory Memorandum
Page Overview
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 9th January 2025
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This page
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application
PreviousNext
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 6 March 2008 - onwards
Version 2 of 2

Regulation 16 Sums derived from the issue of regulated covered bonds

An issuer must lend sums derived from the issue of a regulated covered bond to the owner of the relevant asset pool.

PreviousNext