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Article 55 General prohibition on deposit taking

Original text. Later amendments are not shown.

In Article 25(2) of the Credit Unions (Northern Ireland) Order 1985 (general prohibition on deposit taking)f1, for the words “has the meaning given in section 5 of the Barking Act 1987” substitute—

  • “must be read with—

    1. (a)

      section 22 of the Financial Services and Markets Act 2000;

    2. (b)

      any relevant order under that section; and

    3. (c)

      Schedule 2 to that Act.”.

Annotations

Footnotes

f1

Article 25(2) was substituted for paragraphs (2) and (3) by the Banking Act 1987 (c. 22), section 108(1), Schedule 6, paragraph 23(2).