PART 9AMENDMENTS TO SECONDARY LEGISLATION

The Credit Institutions (Protection of Depositors) Regulations 1995 (S.I. 1995/1442)

Information in explanatory literature496

In regulation 47 of the Credit Institutions (Protection of Depositors) Regulations 1995—

a

in paragraph (1), for “, an EEA institution and a non-EEA institution”, substitute “and an EEA institution”;

b

in paragraph (2)(a)(i), for “relevant UK scheme”, substitute “Financial Services Compensation Scheme”;

c

in paragraph (2)(b)(ii), for “a UK scheme”, substitute “the Financial Services Compensation Scheme”;

d

paragraphs (2)(c) and (2)(d) are revoked;

e

in paragraph (6)—

i

in the definition of “relevant deposit”, for “, an EEA institution or non-EEA institution”, substitute “or an EEA institution”;

ii

the definition of “the relevant UK scheme” is revoked.