Paragraph 4

(1)

Item 5(a) in Parts I and II above shall include income in respect of all services supplied for the account of third parties, and item 5(b) in those Parts shall include charges for the use of services of third parties.

(2)

Any amount, apart from an appointed agency payment, which represents—

(a)

commissions for guarantees and loan administration,

(b)

commissions and other charges and income in respect of payment transactions, account administration charges and commissions for the safe custody and administration of deeds, securities or other related documents,

(c)

commissions for foreign currency transactions,

(d)

commissions and other charges and income in connection with insurance and pension contracts, or

(e)

commissions and other charges and income in connection with arranging brokerage services,

and which falls within subparagraph (1) above but would also be capable of being included within an item other than those referred to in that subparagraph shall be included within the items so referred to.

(3)

For the purposes of subparagraph (2) above, an appointed agency payment is a payment for a relevant agency function to a person who, by virtue of an appointment by a society, acts as its agent in that function, and a relevant agency function comprises action as an agent of the society for the purpose of receipt of sums in respect of shares or deposits or the making of advances secured on land.