# Banking Act 1987 (repealed), Paragraph 23

Extent: E+W+S+N.I.

(1) In the definition of “authorised bank” in Article 2(2) of the Credit Unions (Northern Ireland) Order 1985 for sub-paragraph (a) there shall be substituted—
“(a) an institution authorised under the Banking Act 1987 or a municipal bank within the meaning of that Act;”.
(2) In Article 25 of that Order for paragraphs (2) and (3) there shall be substituted—
“(2) In this Article and Article 26 “deposit” has the meaning given in section 5 of the Banking Act 1987”:

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Source: https://www.legislation.gov.uk/ukpga/1987/22/schedule/6/paragraph/23 (the official version)
Page: https://openlegislation.uk/banking-act-1987-repealed/schedule-6/paragraph-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.