{
  "url": "https://openlegislation.uk/companies-act-1985-bank-accounts-regulations-1991/schedule-2/paragraph-4",
  "json_url": "https://openlegislation.uk/companies-act-1985-bank-accounts-regulations-1991/schedule-2/paragraph-4.json",
  "legislation": "uksi/1991/2705",
  "legislation_title": "The Companies Act 1985 (Bank Accounts) Regulations 1991",
  "legislation_url": "https://openlegislation.uk/companies-act-1985-bank-accounts-regulations-1991",
  "path": "schedule/2/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "Parts I and II of Schedule 9 to the 1985 Act, formed into a new Schedule by Regulation 5 of these Regulations and numbered Schedule 9A, shall be amended as follows:\n(a) in paragraph 17(2) of Part I, the words from “except in so far as” to the end shall be omitted;\n(b) paragraph 27 of Part I is repealed;\n(c) in paragraph 28A of Part I, the words “27 or” shall be omitted;\n(d) the words “Banking or” shall be omitted from the heading to Part II;\n(e) the following shall be substituted for paragraph 1 of Part II:\n“1 An undertaking (other than one carrying on insurance business) whose activities are a direct extension of or ancillary to insurance business shall not be excluded from consolidation under section 229(4) (exclusion of undertakings whose activities are different from those of the undertakings consolidated).”;\n(f) in paragraph 5 of Part II, the word “an” shall be substituted for the words “a banking or” in sub-paragraph (1) and the words “27 or” in that sub-paragraph and “27(4)” in subparagraph (2) shall be omitted; and\n(g) paragraph 6 of Part II is repealed.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Paragraph 28A was inserted into Schedule 9 to the 1985 Act by section 18 of, and paragraph 10 of Part I of Schedule 7 to, the 1989 Act."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1991/2705/schedule/2/paragraph/4",
    "retrieved_at": "2026-10-29T14:33:34.383836+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}