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The Banking Act 1987 (Exempt Persons) Order 1993

S.I. 1993/953 · Made 30 March 1993

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

BANKS AND BANKING

Made 30th March 1993

Laid before Parliament 2nd April 1993

Coming into force 23rd April 1993

The Treasury, in exercise of the powers conferred on them by section 4(3) of the Banking Act 1987f1 and of all other powers enabling them in that behalf, and after consultation with the Bank of England, hereby order as follows:

Annotations to the whole text

Footnotes

f1

1987 c. 22.

Contents

  1. 1Citation and commencement
  2. 2Exemption
  3. Signature
  4. Explanatory note

1Citation and commencement

This Order may be cited as the Banking Act 1987 (Exempt Persons) Order 1993 and shall come into force on 23rd April 1993.

2Exemption

Schedule 2 to the Banking Act 1987 shall be amended by the addition of the following new entry after the entry numbered 26—

“27

The Council of Europe Resettlement Fund.”.

Signature

Tim Wood

Gregory Knight

Two of the Lords Commissioners of Her Majesty’s Treasury

30th March 1993

Explanatory note

(This note is not part of the Order)

This Order adds The Council of Europe Resettlement Fund to the list in Schedule 2 to the Banking Act 1987 of persons exempted from section 3 of that Act (restriction on acceptance of deposits.