Schedule 11, Part 2, paragraph 3(1)

A direction given to a relevant person under paragraph 2 must be accompanied by a notice which— states when the direction takes effect (see sub-paragraphs (2) and (3)), gives the Bank’s reasons for giving the direction, and specifies a reasonable period within which the person may make representations to the Bank about the direction.

← 3 · All articles · 2 →

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