# Finance Act 2008, Paragraph 61ZA


(1) In this Schedule “financial institution” means—
(a) a financial institution under the CRS other than one which is such an institution because (and only because) it is an investment entity within section VIII (A)(6)(b) of the CRS, or
(b) a person who issues credit cards.
(2) In this paragraph “the CRS” means the common reporting standard for automatic exchange of financial account information developed by the Organisation for Economic Co-operation and Development, as that standard has effect from time to time.

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Source: https://www.legislation.gov.uk/ukpga/2008/9/schedule/36/paragraph/61ZA (the official version)
Page: https://openlegislation.uk/finance-act-2008/schedule-36/paragraph-61ZA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.