SCHEDULES

C2C1F1SCHEDULE ZA1Moratorium: Eligible companies

Annotations:
Amendments (Textual)
Modifications etc. (not altering text)

4Banks

1

A company is excluded from being eligible if—

a

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

b

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

c

it 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, taken with Schedule 2 to that Act and any order under that section.