The Banking Act 1987 (Commencement No. 2) Order 1987 No. 1664 (C. 50)


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United Kingdom Statutory Instruments


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Statutory Instruments

1987 No. 1664 (C.50)

BANKS AND BANKING

The Banking Act 1987 (Commencement No. 2) Order 1987

Made

21st September 1987

The Treasury, in exercise of the powers conferred upon them by section 110(2) of the Banking Act 1987(1), hereby make the following Order:

1. This Order may be cited as the Banking Act 1987 (Commencement No. 2) Order 1987.

2. All the provisions of the Banking Act 1987 which are not already in force, except those specified in the Schedule to this Order, shall come into force on 1st October 1987.

Michael Neubert

Tony Durant

Two of the Lords Commissioners of Her Majesty's Treasury

21st September 1987

Article 2

SCHEDULE

Provisions of the ActSubject matter of provisions
Section 38.Reports of large exposures.
The entry in Part I of Schedule 7 relating to section 193 of the Financial Services Act 1986(2) (which contains an exemption from the statutory control of deposit-taking) and section 108(2) in so far as it relates to that entry.Repeals.

Explanatory Note

(This note is not part of the Order)

This Order brings into force on 1st October 1987 all the provisions of the Banking Act 1987 which are not already in force, except those specified in the Schedule.

Note as to Earlier Commencement Orders

(This note is not part of the Order)

The following provisions of the Act were brought into force on 15th July 1987 by the Banking Act 1987 (Commencement No. 1) Order 1987 (S.I. 1987/1189):

Part V

s. 102

s. 106

ss. 107 and 108, Schs. 5, 6 and 7 (partially)

ss. 109 and 110.


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URL: http://www.bailii.org/uk/legis/num_reg/1987/uksi_19871664_en.html