Skip to content
Back to the text

International Banking Order, 2000 · s 20

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?

The text as we hold it

Open the official text

s 20Administrative notices

(1)

The Authority shall cause to be published in the form of administrative notices statements setting out the criteria from time to time by reference to which the Authority proposes to exercise his functions under this Order, including, in particular, its powers to grant, refuse or revoke licences or to impose conditions of general application on licences.

(2)

The Authority may also publish in the form of administrative notices criteria to facilitate compliance with any requirements prescribed under section 8(2)(e).

(3)

An administrative notice published under this section shall be admissible in evidence in any proceedings arising out of or otherwise in connection with the operation or application of this Order.