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Section 9 Interpretation.

Scotland

(1)

This Part of this Act shall apply to a society registered in Scotland under the Industrial and Provident Societies Acts, 1893 to 1928, and having for its principal object the provision and sale of agricultural requisites to its members or the sale, either after a process of manufacture or otherwise, of agricultural produce purchased from its members.

C1(2)

In this Part of this Act—

F1“Bank” means—

(a)

the Bank of England,

(b)

a person who has permission under F2Part 4A of the Financial Services and Markets Act 2000 to accept deposits,

(c)

an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to that Act which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to accept deposits, or

(d)

F3a Post Office company within the meaning of Part 1 of the Postal Services Act 2011 in the exercise of its powers to provide banking services,

and the expressions used in paragraphs (b) and (c) of this definition must be read with section 22 of the Financial Services and Markets Act 2000, any relevant order under that section and Schedule 2 to that Act;

  • “Agricultural requisites” means seeds, manures and feeding stuffs, agricultural vehicles, machinery and other plant;

  • “Agricultural produce” means crops or horticultural produce, live stock and the produce of any kind of animal husbandry, including the carcases, hides, wool and fur of animals, eggs, bacon, cheese, butter and other dairy produce.

Annotations

Textual amendments

F1

Definition of "bank" in s. 9 substituted (1.12.2001) by S.I. 2001/3649, arts. 1, 217

F2

Words in s. 9(2) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 29 (with Sch. 20); S.I. 2013/423, art. 3, Sch.

F3

Words in s. 9 substituted (1.10.2011) by The Postal Services Act 2011 (Consequential Modifications and Amendments) Order 2011 (S.I. 2011/2085), art. 1(2), Sch. 1 para. 1

Modifications

C1

S. 9(2) modified (1.1.1993) by S.I. 1992/3218, reg. 82(1), Sch. 10 Pt. I para. 4

Notes on Part II

Modifications

C1

Part II applied by Agricultural Marketing Act 1958 (c. 47), s. 15(6)