OpenLegislation

Section 4 Dissolution of existing banks and repeal of 1981 Act etc.

F1(1)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F2C1(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

C2(3)

On such day as the Treasury, by order made by statutory instrument, appoints—

(a)

the M1Trustee Savings Banks Act 1981, and

(b)

the other enactments relating to such banks,

shall, subject to any provision made under subsection (5) below, cease to have effect.

(4)

Different days may be appointed under subsection (3) above for the repeal of different provisions.

(5)

Any order under subsection (3) above may contain such transitional and saving provisions as appear to the Treasury to be appropriate in connection with the reorganisation.

(6)

F3... in subsection (3)(b) above, “the other enactments relating to such banks” has the meaning given by section 7(3) below.

Annotations

Textual amendments

F1

S. 4(1) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 5 Group 16

F2

S. 4(2) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 5 Group 16

F3

Words in s. 4(6) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 5 Group 16

Marginal citations

M1

1981 c. 65.

Modifications

C1

31.10.1990 appointed for the purposes of ss. 2(4), 4(2) by S.I. 1990/1982, art. 2

C2

Power of appointment conferred by s. 4(3) partly exercised: S.I. 1986/1220, 1223, 1988/1168, 1990/1982