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Section 71: Bank of England levy: consequential amendments

Financial Services and Markets Act 2023 · 2023 c. 29View on legislation.gov.uk

Part 6: Miscellaneous

The Bank of England Act 1998 is amended as follows in consequence of provision made by section 70.

In section 37 (restriction on disclosure of information), for “cash ratio deposit” substitute .“Bank of England levy”

In section 38 (offences in relation to supplying information to the Bank), in each of subsections (1) and (3), for “paragraph 9 of Schedule 2” substitute .“paragraph 9 of Schedule 2ZA”

In section 40 (orders)—

in subsection (2)—
after “section 17(4) or (5),” insert ;“or”
omit “paragraph 1(2) or 5 of Schedule 2, or”;
in subsection (3) omit “paragraph 2(2) or 8 of Schedule 2,”.

Schedule 7 (restriction on disclosure of information) is amended in accordance with subsections (6) to (8).

In paragraph 1(1)(a), for “paragraph 9 of Schedule 2” substitute .“paragraph 9 of Schedule 2ZA”

In paragraph 2(1)(c), for “Schedule 2” substitute .“Schedule 2ZA”

In paragraph 5(a), for “Schedule 2 (payment in lieu of cash ratio deposit)” substitute .“Schedule 2ZA (Bank of England levy)”

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.