The Amendments of the Law (Resolution of Silicon Valley Bank UK Limited) (No. 2) Order 2023
This Order is made for the purpose of enabling Part 1 of the Banking Act 2009 (c. 1) to be used effectively in connection with the sale of Silicon Valley Bank UK Limited to HSBC UK Bank plc on 13th March 2023. This Order supplements the Amendments of the Law (Resolution of Silicon Valley Bank UK Limited) Order 2023 (S.I. 2023/319) (First SVB Order).
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Lifecycle
Department
Made
22 Jun 2023
—
In force
23 Jun 2023
Enabling power
Accordingly, the Treasury make the following Order.
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