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8(1)Any institution which is for the time being authorised under section 3 or 4 of the M1Insurance 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.
Modifications etc. (not altering text)
C1Sch. 2 para. 8 amended (1.7.1994) by S.I. 1994/1696, reg. 68, Sch. 8 Pt. I para. 14(2)
Marginal Citations