# The Insolvency (Amendment) Regulations 1987, Paragraph 1: Amendment of Regulation 2


In paragraph (1) of Regulation 2 —
(a) before the words ““creditors' committee”” there shall be inserted the words ““bank” means any authorised institution in England and Wales within the meaning of the Banking Act 1987;”;
(b) for the words ““local bank” means any recognised bank in England and Wales within the meaning of the Banking Act 1979” there shall be substituted the words ““local bank” means any bank”; and
(c) before the words ““responsible insolvency practitioner”” there shall be inserted the words ““payment instrument” means cheque or payable order;”.

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Source: https://www.legislation.gov.uk/uksi/1987/1959/schedule/paragraph/1 (the official version)
Page: https://openlegislation.uk/insolvency-amendment-regulations-1987/schedule/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.