http://www.legislation.gov.uk/id/nisi/1989/2405/schedule/2ZZA/part/2

SCHEDULES

F1SCHEDULE 2ZZAPROTECTION OF SUPPLIES UNDER ARTICLE 197B: EXCLUSIONS

Annotations:

Amendments (Textual)

Sch. 2ZZA inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 13 para. 1 (with ss. 2(2), 5(2), 18(4))

PART 2PERSONS INVOLVED IN FINANCIAL SERVICES

Banks

4

1

This paragraph applies where either the company or the supplier—

a

has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits,

b

is a banking group company within the meaning of Part 1 of the Banking Act 2009 (see section 81D of that Act), or

c

has a liability in respect of a deposit which it accepted in accordance with the Banking Act 1979 or the Banking Act 1987.

2

In sub-paragraph (1)(a) “regulated activity” has the meaning given by section 22 of the Financial Services and Markets Act 2000 2000, taken with Schedule 2 to that Act and any order under that section.