UK Statutory Instrument
2024
United Kingdom
The Bank of England Levy (Amount of Levy Payable) Regulations 2024
At a glance
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Browse 35 other sections — procedural / definitional / commencement
Liabilities in respect of sterling deposits
Liabilities and claims in respect of retransfer agreements
sch. para. 6
sch. para. 8
Citation, commencement and extent
In this Schedule— “credit items in the course of transmission”,...
Interpretation
In paragraph 1, in the definitions of “non-resident banking subsidiary”...
Calculation of the amount of the levy that is payable
In this Schedule, in relation to an eligible institution which...
Eligible liabilities
(1) In this Schedule, references to liabilities in respect of...
Review
In this Schedule, references to certificates of deposit—
Transitional provision for use of information
(1) For the purpose of determining the eligible liabilities of...
For the purpose of determining the eligible liabilities of an...
The amount of the eligible institution’s liabilities that are sterling...
The amount of the eligible institution’s liabilities that are certificates...
(1) The amount of the eligible institution’s liabilities to make...
The amount of all sterling items in suspense held by...
60% of the amount of sterling credit items in the...
(1) The amount by which the total liabilities of the...
(1) The amount of any sterling deposits made by United...
Sterling amounts payable to United Kingdom offices of the eligible...
The amount of sterling cheques passed by United Kingdom offices...
The amount of the eligible institution’s claims to receive payments...
(1) The value of the preference shares, bonds, notes and...
60% of the amount of sterling debit items in the...
The amount by which the eligible institution’s sterling deposit liabilities...
Liabilities in respect of sterling deposits
Liabilities and claims in respect of retransfer agreements
Holdings of securities
Avoidance of double-counting
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