Article 231 Definition of “relevant institution”I1

For section 12(13)(a) of the Law Reform (Miscellaneous Provisions) (Scotland) Act 1990 (dormant accounts of charities in banks, etc.) substitute—

“(a)

a “relevant institution” is—

(i)

a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits;

(ii)

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;

(iii)

such other person or class of persons as the Secretary of State may by regulations made under this section, prescribe;”.