SCHEDULES
SCHEDULE 2Transitionals and savings etc.
Part 5Savings and investment income: general
Transactions in deposits
93
(1)
This paragraph applies if—
(a)
a right falling within the definition of “uncertificated right” in section 552(2) is a right under an arrangement made on or before 16th July 1992, and
(b)
the right to call for the issue of a certificate of deposit (as defined in that section) is a right under that arrangement.
(2)
Chapter 11 of Part 4 (transactions in deposits) applies with the omission of section 552(1)(c) and (d)(i).