Section 58(3)

A direction given by the Bank may— require records of financial contracts to be maintained; specify the details or kinds of detail which are to be recorded; require records of financial contracts to be produced at the request of the Bank; specify a period of time within which a relevant person is to be capable of producing records (“a time-limit”); specify different time-limits for different kinds of financial contract.

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