Banking Act 1970 s 53

s 53 Remuneration and expenses of Authority and others in certain cases

53. The Authority may at any time fix the remuneration and expenses to be paid by a bank —(a) to a statutory adviser or statutory manager appointed in relation to the bank, whether or not the appointment has been revoked; and (b) where the Authority has assumed control of the relevant business of the bank, to the Authority and any person employed or authorised by the Authority under section 3 in relation to its assumption of control of the relevant business, whether or not the Authority has ceased to be in control of the relevant business.