{
  "url": "https://openlegislation.uk/accountants-banking-act-1987-regulations-1994/regulation-2",
  "json_url": "https://openlegislation.uk/accountants-banking-act-1987-regulations-1994/regulation-2.json",
  "legislation": "uksi/1994/524",
  "legislation_title": "The Accountants (Banking Act 1987) Regulations 1994",
  "legislation_url": "https://openlegislation.uk/accountants-banking-act-1987-regulations-1994",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "In these Regulations—\n“the Act” means the Banking Act 1987;\n“auditor” means an auditor of an authorised institution who is an accountant;\n“authorised institution” includes a former authorised institution;\n“the Bank” means the Bank of England;\n“matters” means any matter to which section 47 of the Act applies;\n“the ReguLations” means the Banking Coordination (Second Council Directive) Regulations 1992; and\n“reporting accountant” means a person appointed to make a report under section 8(5) or 39(1)(b) of the Act who is an accountant.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 47 was amended by paragraph 12 of Schedule 8 to the Banking Coordination (Second Council Directive) Regulations 1992 (S.I. 1992/3218)."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "S.I.1992/3218."
    }
  ],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/1998/1129",
      "affecting_title": "The Bank of England Act 1998 (Consequential Amendments of Subordinate Legislation) Order 1998"
    },
    {
      "type": "modified (temp.)",
      "affecting": "uksi/1996/1669",
      "affecting_title": "The Financial Institutions (Prudential Supervision) Regulations 1996"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1994/524/regulation/2",
    "retrieved_at": "2026-10-29T13:39:58.467918+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}