SCHEDULES

SCHEDULE 2 Exempted Persons

Section 4(1).

1

The central bank of a member State other than the United Kingdom.

2

The National Savings Bank.

3

A penny savings bank.

4

A municipal bank.

5

A building society incorporated (or deemed to be incorporated) under the M1Building Societies Act 1986.

6

1

A friendly society within the meaning of section 7(1)(a) of the M2Friendly Societies Act 1974 or section 1(1)(a) of the Friendly Societies Act (Northern Ireland) 1970.

2

This paragraph applies only to the acceptance of deposits in the course of carrying out transactions permitted by the rules of the society.

7

A society registered under either of the Acts mentioned in paragraph 6 above other than such a society as is there mentioned.

C18

1

Any institution which is for the time being authorised under section 3 or 4 of the M3Insurance Companies Act 1982 to carry on insurance business of a class specified in Schedule 1 or 2 to that Act.

2

This paragraph applies only to the acceptance of deposits in the course of carrying on the authorised insurance business.

9

A loan society whose rules are certified, deposited and enrolled in accordance with the M4Loan Societies Act 1840.

10

A credit union within the meaning of the M5Credit Unions Act 1979 or the M6Credit Unions (Northern Ireland) Order 1985.

11

A body of persons certified as a school bank by the National Savings Bank or an authorised institution.

12

A local authority.

13

Any other body which by virtue of any enactment has power to issue a precept to a local authority in England or Wales or a requisition to a local authority in Scotland.

14

The Crown Agents for Oversea Governments and Administrations.

F114A

Crown Agents Financial Services Limited.

Annotations:
Amendments (Textual)
F1

Entry added by S.I. 1989/125 art. 2

15

The European Atomic Energy Community.

16

The European Coal and Steel Community.

17

The European Economic Community.

18

The European Investment Bank.

19

The International Bank for Reconstruction and Development.

20

The International Finance Corporation.

21

The International Monetary Fund.

22

The African Development Bank.

23

The Asian Development Bank.

24

The Caribbean Development Bank.

25

The Inter-American Development Bank.

F226

The European Bank for Reconstruction and Development.