[7B Reports on Bank activities indemnified by Treasury]

[7B  Reports on Bank activities indemnified by Treasury]

[(1)     This section applies where the Treasury give an indemnity or guarantee to the Bank in respect of an activity or series of activities undertaken by the Bank.

(2)     The Treasury may direct the Bank to prepare a financial report in relation to the activity or series of activities to which the indemnity or guarantee relates.

(3)     A direction under subsection (2) may include directions as

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