Section 2 Interpretation

In this Scheme, unless the context otherwise requires—

• F1“bank” means—

  1. (i)

     a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits,

  2. (ii)

     F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

  3. (iii)

     the National Savings Bank,

  4. (iv)

     a municipal bank, that is to say a company which was, immediately before the repeal of the Banking Act 1987, exempted from the prohibition in section 3 of that Act by virtue of section 4(1) of, and paragraph 4 of Schedule 2 to, that Act, or

  5. (v)

     a credit union within the meaning of the Credit Unions Act 1979;

• “business plan” means a detailed plan setting out the objectives of the business, the strategy and tactics to achieve those objectives, estimates as to the financial and other circumstances of the business in the event that the objectives are achieved and the investment required to achieve those objectives;

• “Non-Capital Grant Scheme” means the Pig Industry Restructuring (Non-Capital Grant) Scheme 2001^f1;

• “pig production” means any form of pig production including breeding, rearing and finishing.

The definition of “bank” in sub-paragraph (1) must be read with—

In this Scheme, any reference to—