Schedule 2, Part 2, paragraph 9(2)

“Relevant function of the Bank of England” means— a function discharged by the Bank acting in its capacity as a monetary authority (as defined in section 244(2)(c) and (2A) of the Banking Act 2009); a public function of the Bank within the meaning of section 349 of the Financial Services and Markets Act 2000; a function conferred on the Prudential Regulation Authority by or under the Financial Services and Markets Act 2000 or by another enactment.

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Source: legislation.gov.uk · retrieved 2026-09-04