The Cash Ratio Deposits (Value Bands and Ratios) Order 2018

Schedule 2 to the Bank of England Act 1998 (c.11) makes provision concerning the maintenance by certain institutions of cash ratio deposits with the Bank of England (“the Bank”). The institutions covered by these arrangements are those defined as “deposit-takers” by section 17(7) of, and paragraph 1(1A) to (1C) of Schedule 2 to, that Act. The Bank is empowered by paragraph 3 of that Schedule to give such an institution a call notice specifying an amount the institution is expected to have on deposit with the Bank during a specified period. Under paragraph 4 of that Schedule, the depositable amount is to be calculated by multiplying so much of an institution’s average liability base as falls into each of the different value bands by the ratio applicable to that band, and adding up these amounts.

Link: The Cash Ratio Deposits (Value Bands and Ratios) Order 2018
Source: Legislation .gov.uk

The Network and Information Systems (Amendment) Regulations 2018

The Network and Information Services Regulations 2018 (S.I. 2018/506, the “2018 Regulations”) implement Directive (EU) 2016/1148 of the European Parliament and of the Council concerning measures for a high common level of security of network and information systems across the European Union (OJ L 194, 19.7.2016, p. 1).

Link: The Network and Information Systems (Amendment) Regulations 2018
Source: Legislation .gov.uk

The Renewable Heat Incentive Scheme Regulations 2018

These Regulations, which apply to Great Britain, revoke and replace the Renewable Heat Incentive Scheme Regulations 2011 (the “2011 Regulations”), which established a renewable heat incentive scheme (“the Scheme”). These Regulations re-enact the 2011 Regulations with amendments. The premise of the Scheme remains the same: owners of plants which generate heat from specified renewable sources and meet specified criteria may receive payments at prescribed tariffs for the heat used for eligible purposes. Payments may also be made to biomethane producers who produce biomethane for injection. The Regulations confer functions on the Gas and Electricity Markets Authority (“the Authority”) in connection with the administration of the Scheme.

Link: The Renewable Heat Incentive Scheme Regulations 2018
Source: Legislation .gov.uk