{
  "url": "https://openlegislation.uk/draft-immigration-act-2014-bank-accounts-regulations-2014/regulation-2",
  "json_url": "https://openlegislation.uk/draft-immigration-act-2014-bank-accounts-regulations-2014/regulation-2.json",
  "legislation": "ukdsi/2014/9780111119105",
  "legislation_title": "The Immigration Act 2014 (Bank Accounts) Regulations 2014",
  "legislation_url": "https://openlegislation.uk/draft-immigration-act-2014-bank-accounts-regulations-2014",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "In these Regulations—\n“the Act” means the Immigration Act 2014;\n“the 2000 Act” means the Financial Services and Markets Act 2000;\n“approved person” means a person in relation to whom the appropriate regulator (within the meaning of section 59(4) of the 2000 Act) has given its approval under section 59 of that Act;\n“authorised person” has the meaning given in section 31(2) of the 2000 Act;\n“current account authorised person” means an authorised person to whom the prohibition in section 40 of the Act applies;\n“disqualified person” has the meaning given in section 40(3)(b) of the Act;\n“the FCA” means the Financial Conduct Authority;\n“the PRA” means the Prudential Regulation Authority;\n“regulated activity” means an activity which is a regulated activity for the purposes of the 2000 Act in accordance with section 22 of that Act;\n“relevant requirement” means the prohibition imposed by section 40 of the Act, or any prohibition or requirement imposed on persons other than the FCA by or under these Regulations;\n“the Tribunal” has the meaning given in section 417(1) of the 2000 Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "2000 c.8."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Section 59 is amended by section 14 of and paragraph 3 of Schedule 5 to the Financial Services Act 2012 (c.21), section 18 of and paragraph 1 of Schedule 3 to the Financial Services (Banking Reform) Act 2013 (c.33), S.I. 2012/1906 and S.I. 2013/1773."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Section 31 is amended by section 11 of the Financial Services Act 2012."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "Section 22 is amended by section 7 of the Financial Services Act 2012."
    },
    {
      "type": "footnote",
      "label": "f5",
      "text": "The definition was inserted by S.I. 2010/22. There are other amendments to section 417(1), but none is relevant here."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2014/9780111119105/regulation/2",
    "retrieved_at": "2026-10-30T15:12:19.116628+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."
}