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AI Summary of 32C. Annual estimates in relation to financial regulation functions.

Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 30 June 2025 - onwards
Version 2 of 2

32C. Annual estimates in relation to financial regulation functions.

No later than one month before the end of each financial year, the Bank shall prepare and submit to the Minister an estimate of -

(a) its income from levies and fees imposed by regulations under sections 32D and 32E,

(b) any other source of funds for the purposes of its powers and functions under the designated enactments, designated statutory instruments and the Finance (Provision of Access to Cash Infrastructure) Act 2025 (in so far as that Act is not a designated enactment), and

(c) its expenditure in relation to the exercise of those powers and functions,

during the next financial year.