Dormant companies

4.—(1) Article 257AA of the 1986 Order (dormant companies)(1) is amended as follows.

(2) In paragraph (2)(a), for “of Article 255A(1)(a)(i) or (b)” substitute “to it of paragraph (1A), (1B)(a) or (1C)(a) of Article 255A”.

(3) In paragraph (3), for sub-paragraph (a) substitute—

(a)an authorised insurance company, a banking company, an e-money issuer, an ISD investment firm or a UCITS management company;.

(1)

Article 257AA was inserted by regulation 3 of S.R. 2001 No. 153, amended by article 53 of S.I. 2001/3649 and regulation 14 of S.R. 2006 No. 137