# The Financial Services and Markets Act 2000 (Consequential Amendments) (Taxes) Order 2001, Article 46: Interpretation: meaning of “bank”

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

(1) Amend section 840A (meaning of bank) as follows.
(2) In subsection (1) for paragraphs (b) and (c) substitute—
“(b) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits other than—
(i) a building society within the meaning of the Building Societies Act 1986,
(ii) a friendly society within the meaning of section 116 of the Friendly Societies Act 1992,
(iii) a society registered as a credit union under the Industrial and Provident Societies Act 1965 or the Credit Unions (Northern Ireland) Order 1985, or
(iv) an insurance company within the meaning of section 659B(1);
(c) an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to the Financial Services and Markets Act 2000 which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12(1) of that Schedule) to accept deposits;”.
(3) Omit subsection (2).

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Source: https://www.legislation.gov.uk/uksi/2001/3629/article/46 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-taxes-order-2001/article-46
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.