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The Bank of England Levy (Amount of Levy Payable) Regulations 2024

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Bank of England Levy (Amount of Levy Payable) Regulations 2024 No. 252

Draft Regulations laid before Parliament under paragraph 10(5) of Schedule 2ZA to the Bank of England Act 1998, for approval by resolution of each House of Parliament.

Draft Statutory Instruments

2024 No. 000

Banks And Banking

The Bank of England Levy (Amount of Levy Payable) Regulations 2024

Made

***

Coming into force

1st March 2024

The Treasury make these Regulations in exercise of the powers conferred by paragraphs 5 and 10(4) of Schedule 2ZA to the Bank of England Act 1998(1).

In accordance with paragraph 10(1) of that Schedule, the Treasury have consulted—

(a)

the Bank of England; and

(b)

such other persons who appear to the Treasury to be representative of persons who are likely to be affected by the Regulations.

In accordance with paragraph 10(2) of that Schedule, the Treasury have had regard to the financial needs of the Bank of England.

In accordance with paragraph 10(5) of that Schedule, a draft of these Regulations was laid before Parliament and approved by a resolution of each House of Parliament.

(1)

1998 c. 11, amended by sections 70 and 71 of the Financial Services and Markets Act 2023 (c. 29).

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