{
  "url": "https://openlegislation.uk/bank-administration-sharing-information-regulations-2009/regulation-2",
  "json_url": "https://openlegislation.uk/bank-administration-sharing-information-regulations-2009/regulation-2.json",
  "legislation": "uksi/2009/314",
  "legislation_title": "The Bank Administration (Sharing Information) Regulations 2009",
  "legislation_url": "https://openlegislation.uk/bank-administration-sharing-information-regulations-2009",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "In these Regulations—\n“the Act” means the Banking Act 2009;\n“HMRC” means Her Majesty’s Revenue and Customs;\n“Objective 1” means the first objective of bank administration as defined in sections 137 and 138 of the Act;\n“order” means a bank administration order (see section 141 of the Act);\n“original bank” means a bank as it existed before a property transfer instrument was made in relation to it;\n“residual bank”—\nin Regulations 5 to 10, has the meaning given by section 157(2) of the Act;\nin the Schedule, means a bank in temporary public ownership all or part of whose business has been transferred in accordance with a property transfer order made under section 45(2) of the Act;\n“transferred business” —\n(a) in Regulations 5 to 10, means the part of an original bank’s business transferred under a property transfer instrument;\n(b) in the Schedule, means the part of the bank in temporary public ownership’s business transferred in accordance with a property transfer order made under section 45(2) of the Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/314/regulation/2",
    "retrieved_at": "2026-10-29T03:17:48.064122+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."
}