Section 1Citation and commencement
This Order may be cited as the Deposit Protection Board (Increase of Borrowing Limit) Order 1991 and shall come into force on 1st August 1991.
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Statutory Instrument
The Deposit Protection Board (Increase of Borrowing Limit) Order 1991
Section 2Increase of borrowing limit
The sum of £125 million is hereby prescribed for the purposes of section 64(1) of the Banking Act 1987 (borrowing powers of the Deposit Protection Board).
Section 3Revocation of earlier instrument
The Deposit Protection Board (Increase of Borrowing Limit) ( No. 2) Order 1990 is hereby revoked.
3 sections
Cite this legislation
The Deposit Protection Board (Increase of Borrowing Limit) Order 1991 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1991-1684
Contains public sector information licensed under the Open Government Licence v3.0.
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