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Insolvency Act 1986
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- UK Public General Acts
- 1986 c. 45
- SCHEDULE 6
- Category 8: Other deposits
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Changes over time for: Cross Heading: Category 8: Other deposits
Version Superseded: 31/12/2020
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- 01/01/2015- Amendment
- 01/01/2015
Point in time - 31/12/2020- Amendment
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Point in time view as at 01/01/2015.
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Insolvency Act 1986, Cross Heading: Category 8: Other deposits is up to date with all changes known to be in force on or before 26 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.
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[F1Category 8: Other depositsE+W+S
Textual Amendments
F1Sch. 6 paras. 15BA, 15BB and cross-heading inserted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 11(2) (with art. 3)
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 non-EEA branch of a credit institution authorised by the competent authority of an EEA state, and
(b)would have been an eligible deposit if it had been made through an EEA branch of that credit institution.]
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