PART IIU.K. PERSONS EXEMPT IN RESPECT OF ACCEPTING DEPOSITS
16. A municipal bank, that is to say a company which was, immediately before the coming into force of this Order, exempted from the prohibition in section 3 of the Banking Act 1987 by virtue of section 4(1) of, and paragraph 4 of Schedule 2 to, that Act.U.K.
17. U.K.
(1) Keesler Federal Credit Union, in so far as it accepts deposits from members, or dependants of members, of a visiting force of the United States of America, or from members, or dependants of members, of a civilian component of such a force.
(2) In sub-paragraph (1), “member", “dependent" and “visiting force" have the meanings given by section 12 of the Visiting Forces Act 1952 and “member of a civilian component" has the meaning given by section 10 of that Act.
18. A body of persons certified as a school bank by the National Savings Bank or by an authorised person who has permission to accept deposits.U.K.
19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .U.K.
20. U.K.
(1) Any body which by virtue of any enactment has power to issue a precept to a local authority in England or Wales or a requisition to a local authority in Scotland, or to the expenses of which, by virtue of any enactment, a local authority in the United Kingdom is or can be required to contribute.
(2) In sub-paragraph (1), “enactment" includes an enactment comprised in, or in an instrument made under, an Act of the Scottish Parliament.
[21. The Council of Europe Development Bank.]U.K.
22. A charity, in so far as it accepts deposits—U.K.
(a)from another charity; or
(b)in respect of which no interest or premium is payable.
23. The National Children’s Charities Fund in so far as—U.K.
(a)it accepts deposits in respect of which no interest or premium is payable; and
(b)the total value of the deposits made by any one person does not exceed £10,000.
24. An industrial and provident society, in so far as it accepts deposits in the form of withdrawable share capital.U.K.
24A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .U.K.
25. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .U.K.