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HM Treasury

Financial services

Banking Act 2009

The Banking Act received Royal Assent on 12 February 2009.

The following reports have been prepared in connection with section 231 of the Banking Act 2009.  The Treasury is required to prepare six-monthly reports about any arrangements entered into which involve or may require reliance on section 228(1) of the Act.  Section 228(1) allows the Treasury to make payments from either money provided by Parliament or from the Consolidated Fund in respect of giving financial assistance to a bank or other financial institution.  The first official reporting period was from 1 April to 30 September 2009, but the first report below covers pre-April 2009 arrangements for completeness. 

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