The Transfer of Tribunal Functions Order 2010

Banking Act 2009

This section has no associated Explanatory Memorandum

151.  In section 202 of the Banking Act 2009(1) (appeal)—

(a)in subsections (1) and (2) for “Financial Services and Markets Tribunal” substitute “Upper Tribunal”; and

(b)for subsection (3) substitute—

(3) The Bank of England may not impose a sanction while an appeal under this section could be brought or is pending..