855Meaning of “investment” and “deposit”U.K.
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(1)In this Chapter “investment” means—
(a)a deposit with a deposit-taker,
(b)a deposit with a building society,
(c)shares in a building society, or
(d)a loan to a building society.
(2)In this Chapter “deposit” means a sum of money paid on terms which mean that it will be repaid (with or without interest)—
(a)on demand, or
(b)at a time or in circumstances agreed by or on behalf of the person who pays it and the person who receives it.