# Financial Services Act 1986 (repealed), Paragraph 2

Extent: E+W+S+N.I.

Debentures, including debenture stock, loan stock, bonds, certificates of deposit and other instruments creating or acknowledging indebtedness, not being instruments falling within paragraph 3 below.
Note. This paragraph shall not be construed as applying—
(a) to any instrument acknowledging or creating indebtedness for, or for money borrowed to defray, the consideration payable under a contract for the supply of goods or services;
(b) to a cheque or other bill of exchange, a banker’s draft or a letter of credit; or
(c) to a banknote, a statement showing a balance in a current, deposit or savings account or (by reason of any financial obligation contained in it) to a lease or other disposition of property, a heritable security or an insurance policy.

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Source: https://www.legislation.gov.uk/ukpga/1986/60/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/financial-services-act-1986-repealed/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

