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Departmental Legislation

Volume 501: debated on Wednesday 2 December 2009

To ask the Chancellor of the Exchequer what criminal offences have been (a) abolished and (b) created by primary legislation sponsored by his Department since 1 May 2008. (303258)

No offences were abolished during the relevant period.

The following offences were created during the relevant period.

All of these were created under the Banking Act 2009 (c.1), which received Royal Assent on 12 February 2009. These offences comprise:

Section 153(4) - failure without reasonable excuse to provide the FSA a copy of a notice regarding successful rescue;

Section 199(4) - failure to comply with an order to close a payment system;

Section 200(3) - breach of a prohibition on being the operator of a recognised inter-bank system;

Section 204(10) - failure without reasonable excuse to comply with a requirement to supply information / to knowingly or recklessly give false information;

Section 205(1) - pretending to be a recognised inter-bank payment system;

Section 221(1)-unlawful issue of banknotes in Scotland or Northern Ireland;

Parts 2 and 3 (bank insolvency and bank administration) - sections 389 and 430 to 432 of the Insolvency Act 1986 are applied, which create new offences as they are applied to the insolvency procedures under the Banking Act.