Regulation 2 Amendment of the Council Tax Reduction Schemes (Detection of Fraud and Enforcement) (Wales) Regulations 2013

for the definition of “bank” substitute—

• ““bank” (“banc”) means—

  1. (a)

     a person who has permission under Part 4A of the Financial Services and Markets Act 2000^f2 to accept deposits; or

  2. (b)

     a person who does not require permission under that Act to accept deposits, in the course of that person’s business in the United Kingdom;”;

for the definition of “insurer” substitute—

• ““insurer” (“yswiriwr”) means a person who has permission under Part 4A of the Financial Services and Markets Act 2000 to effect or carry out contracts of insurance;”.