Companies Act 2006U.K.
This section has no associated Explanatory Memorandum
42.—(1) The Companies Act 2006 is amended as follows.
(2) In section 1173(1) (minor definitions: general) for the definition of “credit institution” substitute—
““credit institution” means a credit institution as defined in Article 4(1)(1) of Regulation (EU) No. 575/2013 of the European Parliament and of the Council.”
(3) In section 1210(3) (meaning of “statutory auditor”), in the definition of “bank”, for paragraph (a) substitute—
“(a)is a credit institution within the meaning of Article 4(1)(1) of Regulation (EU) No. 575/2013 of the European Parliament and of the Council, and”.