OpenLegislation

Paragraph 2

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Recognised banks and licensed institutions within the meaning of the Banking Act 1979f1 or authorised institutions under the Banking Act 1987f2.

Annotations

Footnotes

f1

1979 c. 37; the majority of this Act will be repealed when section 108 of, and Schedule 7 to, the Banking Act 1987 are brought into force.

f2

1987 c. 22; this Act (with the exception of section 91) is not yet in force - see section 110.