# The Bank Administration (Sharing Information) Regulations 2009, Regulation 2: Interpretation


In these Regulations—
“the Act” means the Banking Act 2009;
“HMRC” means Her Majesty’s Revenue and Customs;
“Objective 1” means the first objective of bank administration as defined in sections 137 and 138 of the Act;
“order” means a bank administration order (see section 141 of the Act);
“original bank” means a bank as it existed before a property transfer instrument was made in relation to it;
“residual bank”—
in Regulations 5 to 10, has the meaning given by section 157(2) of the Act;
in 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;
“transferred business” —
(a) in Regulations 5 to 10, means the part of an original bank’s business transferred under a property transfer instrument;
(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.

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Source: https://www.legislation.gov.uk/uksi/2009/314/regulation/2 (the official version)
Page: https://openlegislation.uk/bank-administration-sharing-information-regulations-2009/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.