# Banking Act 1987 (repealed), Paragraph 25

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

(1) For paragraph (b) of section 8(4) of the Insolvency Act 1986 there shall be substituted—
“(b) an authorised institution or former authorised institution within the meaning of the Banking Act 1987”.
(2) In section 422 of that Act for paragraphs (a) and (b) there shall be substituted the words “authorised institutions and former authorised institutions within the meaning of the Banking Act 1987”.

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Source: https://www.legislation.gov.uk/ukpga/1987/22/schedule/6/paragraph/25 (the official version)
Page: https://openlegislation.uk/banking-act-1987-repealed/schedule-6/paragraph-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.