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HSBC Investment Banking Act 2002

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13Application of Bankers' Books Evidence Act 1879

(1)In this section “books” shall be construed in accordance with section 9(2) of the Bankers' Books Evidence Act 1879 (c. 11).

(2)On and from the appointed day the said Act of 1879 shall apply to the books of HSBC Investment Bank transferred to, and vested in, a successor bank by virtue of this Act, and to entries made in those books before the appointed day, as if such books were books of the relevant successor bank.

(3)For the purposes of section 4 of the said Act of 1879, books so transferred to a successor bank shall be deemed to have been the ordinary books of the relevant successor bank at the time of the making of any entry therein which purports to have been made before the appointed day, and any such entry shall be deemed to have been made in the usual and ordinary course of business.

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