Commentary Part 4 – Collaboration between Treasury and Bank of England, Fca Or Pra Section 67: Interpretation of Part 4
525.Subsection (3) defines “financial assistance” for the purposes of Part 4 of the Act.
526.Subsection (4) enables the Treasury by order to provide that a specified activity or transaction, or class of activity or transaction, is or is not to be treated as financial assistance. This will enable the Treasury to clarify how a particular activity or transaction, or class of activity or transaction, is to be treated.