Banking (Special Provisions) Act 2008

1Meaning of “authorised UK deposit-taker”U.K.

This section has no associated Explanatory Notes

(1)In this Act “authorised UK deposit-taker” means a UK undertaking that under Part 4 of FSMA 2000 has permission to accept deposits.

(2)That expression does not, however, include such an undertaking with permission to accept deposits only for the purposes of, or in the course of, an activity other than accepting deposits.