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The Banking Act 1987 (Exempt Transactions) Regulations 1997

S.I. 1997/817 · Made 13 March 1997

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 13th March 1997

Laid before Parliament 17th March 1997

Coming into force 3rd April 1997

The Treasury, in exercise of the powers conferred upon them by section 4(4), (5) and (6) of the Banking Act 1987f1 and of all other powers enabling them in that behalf, hereby make the following Regulations:

Annotations to the whole text

Footnotes

f1

1987 c. 22.

Contents

  1. 1Citation, commencement and interpretation
  2. 2Exempt transactions
  3. 3Charities
  4. 4Church deposit funds
  5. 5Industrial and provident societies
  6. 6Agricultural, forestry and fisheries associations
  7. 7Retail and other co-operative societies
  8. 8Solicitors
  9. 9Deposits accepted in the course of estate agency work
  10. 10Certain public undertakings
  11. 11Student Loans Company Limited
  12. 12The National Children’s Charities Fund
  13. 13Relevant debt securities
  14. 14Requirements applying to relevant debt securities
  15. 15Authorised and exempted persons under the Financial Services Act 1986 and European investment firms
  16. 16Revocation
  17. Signature
  18. Schedule 1DEED ESTABLISHING THE CO-OPERATIVE DEPOSIT PROTECTION SCHEME
  19. 1NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  20. 2NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  21. 3NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  22. 4NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  23. 5NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  24. 6NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  25. 7NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  26. 8NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  27. 9NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  28. 10NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  29. 11NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  30. 12NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  31. 13NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  32. 14NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  33. 15NOW THIS DEED WITNESSETH AND IT IS HEREBY DECLARED as follows:
  34. Schedule THE FIRST SCHEDULE before referred toSchedule THE FIRST SCHEDULE before referred to
  35. Schedule THE SECOND SCHEDULE before referred to: Procedure in relation to Expulsion under Clause 15
  36. 1Paragraph 1
  37. 2Paragraph 2
  38. 3Paragraph 3
  39. 4Paragraph 4
  40. 5Paragraph 5
  41. Schedule THE THIRD SCHEDULE before referred toCO-OPERATIVE DEPOSIT PROTECTION SCHEME
  42. 1INTRODUCTION
  43. 2INTRODUCTION
  44. 3INTRODUCTION
  45. 4INTRODUCTION
  46. 5INTRODUCTION
  47. Part A: CONDUCT OF DEPOSIT TAKING AND INVESTMENT BUSINESS
  48. 6OPENING AN ACCOUNT
  49. 7OPENING AN ACCOUNT
  50. 8TERMS AND CONDITIONS
  51. 9TERMS AND CONDITIONS
  52. 10TERMS AND CONDITIONS
  53. 11TERMS AND CONDITIONS
  54. 12INTEREST
  55. 13INTEREST
  56. 14INTEREST
  57. 15CONFIDENTIALITY
  58. 16CONFIDENTIALITY
  59. 17CONFIDENTIALITY
  60. 18MARKETING OF SERVICES
  61. 19MARKETING OF SERVICES
  62. 20MARKETING OF SERVICES
  63. 21MARKETING OF SERVICES
  64. 22MARKETING OF SERVICES
  65. 23MARKETING OF SERVICES
  66. 24CREDIT LIMITS
  67. 25CORPORATE GOVERNANCE—CODE OF BEST PRACTICE
  68. BADVERTISING OF INTEREST BEARING DEPOSITS
  69. 26GENERAL
  70. 27GENERAL
  71. 28GENERAL
  72. 29GENERAL
  73. 30GENERAL
  74. 31INTEREST RATES
  75. 32INTEREST RATES
  76. 33INTEREST RATES
  77. 34INTEREST RATES
  78. 35INTEREST RATES
  79. 36NOTICE OF RATES
  80. 37TERMS AND CONDITIONS
  81. 38TERMS AND CONDITIONS
  82. 1GENERAL
  83. 2GENERAL
  84. 3USE OF FORMULA
  85. 4ASSUMPTIONS FOR CALCULATIONS
  86. Schedule 2BODIES REFERRED TO IN REGULATION 10
  87. Explanatory note