75 Power to change law
Banking Act 2009 (2009 c 1) | Legislation

75  Power to change law

(1)     The Treasury may by order amend the law for the purpose of enabling the powers under this Part to be used effectively, having regard to the special resolution objectives.

(2)     An order may be made—

(a)     for the general purpose of the exercise of powers under this Part,

(b)     to facilitate a particular proposed or possible use of a power, or

(c)     in connection with a particular exercise of a power.

(3)     An order under subsection (2)(c) may make provision which has retrospective effect in so far as the Treasury consider it necessary or desirable for giving effect to the particular exercise

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