Banking Act 1979

The Banking Act 1979 (c 37) is (or was) an Act of the Parliament of the United Kingdom enacted in the wake of the Secondary banking crisis of 1973–1975 to extend the Bank of England's regulatory powers over lenders (banks) and to provide protections for their depositors.[1]

Banking Act 1979
Citation1979 c 37
Introduced byNigel Lawson
Territorial extentUnited Kingdom
Dates
Commencement1 October 1979
Repealed15 July 1987
Other legislation
Repealed byBanking Act 1987 s108(2)
Status: Repealed
Text of statute as originally enacted
Revised text of statute as amended

See also

References

  1. "Banking Act 1979". The National Archives (UK). Retrieved 3 September 2012.


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