OpenLegislation

Article 221 Investment firms to be treated as financial institutions

An investment firm within the meaning given in section 258A of the Banking Act 2009 M1 (“investment firm”) is to be treated as a financial institution for the purposes of section 228 (Consolidated Fund) and 229 (National Loans Fund) of that Act.

Annotations

Marginal citations

M1

Section 258A was inserted by the Financial Services Act 2012, section 101(1) and (7); and was amended by S.I. 2013/3115. Also, see S.I. 2014/1832, which was made under subsection (2)(b).

Notes on the whole SI

Textual amendments

F1

Order revoked (14.12.2023 for the revocation of art. 227) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(x)