Section 1218B Overview of PartF1
United Kingdom
(1)
In this Part “company with investment business” means a company whose business consists wholly or partly of making investments.
(2)
But a credit union is not a company with investment business for the purposes of this Part.
(3)
References in this Part to a company's investment business are to be construed in accordance with section 1219(2). But this subsection does not affect the interpretation of the expression “company with investment business”.
Annotations
Textual amendments
- F1
S. 1218 renumbered as s. 1218B (with effect in accordance with Sch. 18 para. 23 of the amending Act) by Finance Act 2013 (c. 29), Sch. 18 paras. 21(1)(b), 22; S.I. 2013/1817, art. 2(2); S.I. 2014/1962, art. 2(3)