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Statutory Instruments
1987 No. 1292
BANKS AND BANKING
The Banking Act 1987 (Disclosure of Information) (Specified Persons) Order 1987
Made
22nd July 1987
Laid before Parliament
23rd July 1987
Coming into force
13th August 1987
The Treasury, in exercise of the powers conferred upon them by section 84(2) of the Banking Act 1987(1) and after consultation with the Bank of England, hereby make the following Order:
Citation and commencement
1. This Order may be cited as the Banking Act 1987 (Disclosure of Information) (Specified Persons) Order 1987 and shall come into force on 13th August 1987.
Addition of specified person
2. The body known as the Panel on Take-overs and Mergers is added to the Table in section 84 of the Banking Act 1987 in relation to all its functions.
Mark Lennox-Boyd
David Lightbown
Two of the Lords Commissioners of Her Majesty's Treasury
22nd July 1987
Explanatory Note
(This note is not part of the Order)
This Order specifies the Panel on Take-overs and Mergers ("the Panel") for the purposes of section 84 of the Banking Act 1987. The effect of specifying is to permit the Bank of England to disclose to the Panel information which would otherwise be restricted, if disclosure is for the purpose of enabling or assisting the Panel to discharge any of its functions.