220 Insolvency, &c
Banking Act 2009 (2009 c 1) | Legislation

220  Insolvency, &c

(1)     Banknote regulations may make provision in connection with the application to an authorised bank of—

(a)     the special resolution regime (under Parts 1 to 3), or

(b)     a provision about insolvency within the meaning of section 217(6).

(2)     The regulations may, in particular—

(a)     provide for the destruction of banknotes which have not been issued;

(b)     provide for the destruction of banknotes which have been exchanged in accordance with

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