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Insolvency Act 1986

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Changes over time for: Cross Heading: Category 8: Other deposits

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Changes to legislation:

Insolvency Act 1986, Cross Heading: Category 8: Other deposits is up to date with all changes known to be in force on or before 27 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

[F1[F2Category 8: Other depositsE+W+S

Textual Amendments

F1Sch. 6 paras. 15B, 15C and cross-headings inserted (31.12.2014) by Financial Services (Banking Reform) Act 2013 (c. 33), ss. 13(1), 148(5); S.I. 2014/3160, art. 2(1)(a)

15BAE+W+SSo much of any amount owed at the relevant date by the debtor to one or more eligible persons in respect of an eligible deposit as exceeds any compensation that would be payable in respect of the deposit under the Financial Services Compensation Scheme to that person or those persons.

15BBE+W+SAn amount owed at the relevant date by the debtor to one or more eligible persons in respect of a deposit that—

(a)was made through a [F3non-UK] branch of a credit institution authorised by the competent authority of [F4the United Kingdom], and

(b)would have been an eligible deposit if it had been made through [F5a UK] branch of that credit institution.]]

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