# The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001, Article 154: Receipts, record and payments: duties of pension trustees and others

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

(1) Article 49 of the Pensions (Northern Ireland) Order 1995 (receipts, record and payments: duties of pension trustees and others) is amended as follows.
(2) In paragraph (1) , for the words from “at” to the end substitute “with a deposit-taker”.
(3) Paragraph (1A) is revoked.
(4) In paragraph (5) for the words from “at” to “1987” substitute “with a deposit-taker”.
(5) After paragraph (8) insert—
“(8A) “Deposit taker” means—
(a) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits;
(b) an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to that Act which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to accept deposits;
(c) the Bank of England or the central bank of a member state other than the United Kingdom;
(d) the National Savings Bank; or
(e) a municipal bank, that is to say a company which was, immediately before the repeal of the Banking Act 1987, exempted from the prohibition in section 3 of that Act by virtue of section 4(1) of, and paragraph 4 of Schedule 2 to, that Act.”
(8B) Paragraph (8A) must be read with—
(a) section 22 of the Financial Services and Markets Act 2000;
(b) any relevant order under that section; and
(c) Schedule 2 to that Act.”.

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Source: https://www.legislation.gov.uk/uksi/2001/3649/article/154 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-154
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.