The Cash Ratio Deposits (Eligible Liabilities) (Amendment) Order 2005

This Order amends the Cash Ratio Deposits (Eligible Liabilities) Order 1998 (S.I. 1998/1130) (“the principal Order”) which defines the eligible liabilities used to calculate cash ratio deposits to be held by eligible institutions with the Bank of England (“the Bank”). Eligible institutions comprise certain persons authorised to accept deposits under Part IV of the Financial Services and Markets Act 2000 (c. 8) and certain European authorised institutions which have lawfully established branches in the United Kingdom for the purposes of accepting deposits.

Author: Dave Watts and Vernon Coaker, Two of the Lords Commissioners of Her Majesty’s Treasury

Last modified: 2010-07-16