|
|
Regulation of ratios between assets and liabilities of holders of licences.
|
23.—(1) The Bank may from time to time require a holder of a licence to maintain—
|
|
| |
(a) a specified ratio,
|
|
| |
(b) a ratio which does not exceed a specified ratio, or
|
|
| |
(c) a ratio which is not less than a specified ratio,
|
|
| |
between his assets and his liabilities and the specified ratio may be expressed as a percentage of the assets or liabilities concerned.
|
|
| |
(2) A requisition under this section may be expressed to apply—
|
|
| |
(a) in relation to all holders of licences or to holders of a specified category or specified categories,
|
|
| |
(b) in relation to the total assets or total liabilities of the holders of licences concerned or to specified assets or assets of a specified kind or specified liabilities or liabilities of a specified kind of those holders,
|
|
| |
(c) in relation to a specified time or times or during a specified period or periods,
|
|
| |
and shall have effect in accordance with its terms.
|
|
| |
(3) A requisition under this section which is in force may be revoked by the Bank or may be amended by a subsequent requisition under this section.
|
|
| |
(4) In this section “specified” means specified by the Bank in a requisition under this section.
|
