🔆 📖 ➕ 👤

Statutory Instruments

2014 No. 3160 (C. 138)

Banks And Banking

The Financial Services (Banking Reform) Act 2013 (Commencement No. 7) Order 2014

Made

26th November 2014

The Treasury make the following Order in exercise of the powers conferred by section 148(5) of the Financial Services (Banking Reform) Act 2013( 1 ).

Citation and interpretation

1. —(1) This Order may be cited as the Financial Services (Banking Reform) Act 2013 (Commencement No. 7) Order 2014.

(2) In this Order, “the Act” means the Financial Services (Banking Reform) Act 2013.

Appointed day for the coming into force of certain provisions of the Act

2. —(1) 31st December 2014 is the day appointed for the coming into force of the following provisions of the Act—

(a) section 13 (preferential debts (Great Britain)),

(b) section 17 and paragraphs 1 to 33 of Schedule 2 (bail-in stabilisation option), so far as those provisions are not already in force, and

(c) section 133(2)(a) (power of FCA and PRA to make rules applying to parent undertakings).

(2) 31st December 2014 is the day appointed for the coming into force of section 133(1) of the Act, so far as it inserts section 192JB into the Financial Services and Markets Act 2000( 2 ).

Harriet Baldwin

Gavin Barwell

Two of the Lords Commissioners of Her Majesty’s Treasury

26th November 2014

( 1 )

2013 c. 33 .

( 2 )

2000 c. 8 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Financial Services (Banking Reform) Act 2013 (Commencement No. 7) Order 2014 (2014/3160)

Displaying information

Status of this instrument

footnotecommentarytransitional and savingsin force statusrelated provisionsgeo extentinsert/omitsource countin force adj
Defined TermSection/ArticleIDScope of Application
the Actart. 1.the_Act_rtopolG
This instrument is derived from the version at www.legislation.gov.uk. To see a list of all amendments (including any to be made) check the resources page for this instrument on their website. Note, the status of this instrument is given above.
This instrument is derived from the version at www.legislation.gov.uk. To see original commencement information, check the resources page associated with this instrument. n.b. commencement information for marked amendments is embedded in the relevant footnote.

Status of changes to instrument text

The list includes made instruments, both those in force and those yet to come into force. Typically, instruments that are not yet in force (hence their changes are not incorporated into the text above) are indicated by description 'not yet' in the changes made column.