SCHEDULES

SCHEDULE 21C DELIVERY OF REPORTS AND ACCOUNTS: CREDIT AND FINANCIAL INSTITUTIONS TO WHICH THE BANK BRANCHES DIRECTIVE (89/117/EEC) APPLIES

PART IIINSTITUTIONS NOT REQUIRED TO PREPARE ACCOUNTS UNDER PARENT LAW

Scope of Part and Interpretation

F19

(1)

This Part of this Schedule applies to any institution to which section 699A applies which—

(a)

is incorporated, and

(b)

is not required by the law of the country in which it has its head office to prepare and have audited accounts.

(2)

In this Part of this Schedule, “branch” has the meaning given by section 699A.