Schedule 11, Part 5, paragraph 112

This paragraph applies where the Bank has transferred all or part of a CCP’s business to a bridge central counterparty. The Bank may not take action in respect of the bridge central counterparty without the Treasury’s consent if the action would be likely to have implications for public funds. Paragraph 111(2) and (3) have effect for the purposes of this paragraph.

← 6 · All articles · 1 →

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