
1 
This Order may be cited as the Cash Ratio Deposits (Value Bands and Ratios) Order 1998 and shall come into force on 1st June 1998.
2 
For the purposes of paragraph 4 of Schedule 2 to the Bank of England Act 1998, the value bands and the ratios applicable to them, expressed as a percentage, are as follows:

Value band Ratio
£0–£400 million 0%
Over £400 million 0.15%
Jim Dowd
Graham Allen
Two of the Lords Commissioners of Her Majesty’s Treasury
19th May 1998