S. 91 in force at 17.2.2009 for specified purposes by S.I. 2009/296, arts. 2, 3, Sch. para. 2

S. 91 in force at 21.2.2009 in so far as not already in force by S.I. 2009/296, arts. 2, 3, Sch. para. 2

Words in s. 91(1) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 17 para. 30 (with Sch. 20); S.I. 2013/423, art. 3, Sch.

http://www.legislation.gov.uk/ukpga/2009/1/section/91/2013-04-01Banking Act 2009An Act to make provision about banking.texttext/xmlenStatute Law Database2024-05-18Expert Participation2013-04-01Part 2Bank InsolvencyIntroduction
91Interpretation: “bank”(1)

In this Part “bank” means a UK institution which has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits (within the meaning of section 22 of that Act, taken with Schedule 2 and any order under section 22).

(2)

But “bank” does not include—

(a)

a building society within the meaning of section 119 of the Building Societies Act 1986,

(b)

a credit union within the meaning of section 31 of the Credit Unions Act 1979, or

(c)

any other class of institution excluded by an order made by the Treasury.

(3)

In subsection (1) “UK institution” means an institution which is incorporated in, or formed under the law of any part of, the United Kingdom.

(4)

An order under subsection (2)(c)—

(a)

shall be made by statutory instrument, and

(b)

may not be made unless a draft has been laid before and approved by resolution of each House of Parliament.

(5)

Section 130 makes provision for the application of this Part to building societies.

(6)

Section 131 makes provision for the application of this Part to credit unions.

This XML file does not appear to have any style information associated with it. The document tree is shown below.
<akomaNtoso xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd">
<act name="ukpga">
<meta>
<identification source="#">
<FRBRWork>
<FRBRthis value="http://www.legislation.gov.uk/id/ukpga/2009/1"/>
<FRBRuri value="http://www.legislation.gov.uk/id/ukpga/2009/1"/>
<FRBRdate date="2009-02-12" name="enacted"/>
<FRBRauthor href="http://www.legislation.gov.uk/id/legislature/UnitedKingdomParliament"/>
<FRBRcountry value="GB-UKM"/>
<FRBRnumber value="1"/>
<FRBRname value="2009 c. 1"/>
<FRBRprescriptive value="true"/>
</FRBRWork>
<FRBRExpression>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/2009/1/2013-04-01"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/2009/1/2013-04-01"/>
<FRBRdate date="2013-04-01" name="validFrom"/>
<FRBRauthor href="#"/>
<FRBRlanguage language="eng"/>
</FRBRExpression>
<FRBRManifestation>
<FRBRthis value="http://www.legislation.gov.uk/ukpga/2009/1/2013-04-01/data.akn"/>
<FRBRuri value="http://www.legislation.gov.uk/ukpga/2009/1/2013-04-01/data.akn"/>
<FRBRdate date="2024-11-22Z" name="transform"/>
<FRBRauthor href="http://www.legislation.gov.uk"/>
<FRBRformat value="application/akn+xml"/>
</FRBRManifestation>
</identification>
<lifecycle source="#">
<eventRef refersTo="#enactment" date="2009-02-12" eId="date-enacted" source="#"/>
<eventRef date="2013-04-01" eId="date-2013-04-01" source="#"/>
<eventRef date="2014-01-01" eId="date-2014-01-01" source="#"/>
<eventRef date="2014-12-31" eId="date-2014-12-31" source="#"/>
<eventRef date="2020-12-08" eId="date-2020-12-08" source="#"/>
</lifecycle>
<analysis source="#">
<restrictions source="#">
<restriction refersTo="#extent-e+w+s+ni" type="jurisdiction"/>
<restriction href="#body" refersTo="#extent-e+w+s+ni" type="jurisdiction"/>
<restriction href="#part-2" refersTo="#extent-e+w+s+ni" type="jurisdiction"/>
<restriction href="#section-91" refersTo="#extent-e+w+s+ni" type="jurisdiction"/>
<restriction refersTo="#period-from-2013-04-01-to-2014-01-01" type="jurisdiction"/>
<restriction href="#body" refersTo="#period-from-2013-04-01" type="jurisdiction"/>
<restriction href="#part-2" refersTo="#period-from-2013-04-01-to-2014-12-31" type="jurisdiction"/>
<restriction href="#part-2-crossheading-introduction" refersTo="#period-from-2013-04-01-to-2020-12-08" type="jurisdiction"/>
<restriction href="#section-91" refersTo="#period-from-2013-04-01" type="jurisdiction"/>
</restrictions>
<otherAnalysis source="">
<uk:confersPower href="#section-91" value="true"/>
<uk:commentary href="#section-91" refersTo="#M_I_ee6ea076-7267-4dd7-ddc8-8b771f6ce097"/>
<uk:commentary href="#section-91" refersTo="#key-f6d2d6565b597f9644c0818bdf417d5f"/>
<uk:commentary href="#section-91" refersTo="#key-2d4cca78baff4aae7aaecd4b432be6e7"/>
</otherAnalysis>
</analysis>
<temporalData source="#">
<temporalGroup eId="period-from-2013-04-01">
<timeInterval start="#date-2013-04-01" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-2013-04-01-to-2014-01-01">
<timeInterval start="#date-2013-04-01" end="#date-2014-01-01" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-2013-04-01-to-2014-12-31">
<timeInterval start="#date-2013-04-01" end="#date-2014-12-31" refersTo="#"/>
</temporalGroup>
<temporalGroup eId="period-from-2013-04-01-to-2020-12-08">
<timeInterval start="#date-2013-04-01" end="#date-2020-12-08" refersTo="#"/>
</temporalGroup>
</temporalData>
<references source="#">
<TLCEvent eId="enactment" href="" showAs="EnactmentDate"/>
<TLCLocation eId="extent-e+w+s+ni" href="" showAs="E+W+S+N.I."/>
</references>
<notes source="#">
<note ukl:Name="Commentary" ukl:Type="I" class="commentary I" eId="M_I_ee6ea076-7267-4dd7-ddc8-8b771f6ce097" marker="I1">
<p>
S. 91 in force at 17.2.2009 for specified purposes by
<ref eId="d12e4n1" href="http://www.legislation.gov.uk/id/uksi/2009/296">S.I. 2009/296</ref>
, arts. 2, 3, Sch. para. 2
</p>
</note>
<note ukl:Name="Commentary" ukl:Type="I" class="commentary I" eId="key-f6d2d6565b597f9644c0818bdf417d5f" marker="I2">
<p>
S. 91 in force at 21.2.2009 in so far as not already in force by
<ref eId="c5njw6fq2-00697" href="http://www.legislation.gov.uk/id/uksi/2009/296">S.I. 2009/296</ref>
,
<ref eId="c5njw6fq2-00698" class="subref" href="http://www.legislation.gov.uk/id/uksi/2009/296/article/2">arts. 2</ref>
,
<ref eId="c5njw6fq2-00699" class="subref" href="http://www.legislation.gov.uk/id/uksi/2009/296/article/3">3</ref>
,
<ref eId="c5njw6fq2-00700" class="subref operative" href="http://www.legislation.gov.uk/id/uksi/2009/296/schedule/paragraph/2">Sch. para. 2</ref>
</p>
</note>
<note ukl:Name="Commentary" ukl:Type="F" class="commentary F" eId="key-2d4cca78baff4aae7aaecd4b432be6e7" marker="F1">
<p>
Words in s. 91(1) substituted (1.4.2013) by
<ref eId="cahycz443-00007" href="http://www.legislation.gov.uk/id/ukpga/2012/21">Financial Services Act 2012 (c. 21)</ref>
,
<ref eId="cahycz443-00008" class="subref" href="http://www.legislation.gov.uk/id/ukpga/2012/21/section/122/3">s. 122(3)</ref>
,
<ref eId="cahycz443-00009" class="subref operative" href="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/17/paragraph/30">Sch. 17 para. 30</ref>
(with
<ref eId="cahycz443-00010" class="subref" href="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/20">Sch. 20</ref>
);
<ref eId="cahycz443-00011" href="http://www.legislation.gov.uk/id/uksi/2013/423">S.I. 2013/423</ref>
,
<ref eId="cahycz443-00012" class="subref" href="http://www.legislation.gov.uk/id/uksi/2013/423/article/3">art. 3</ref>
,
<ref eId="cahycz443-00013" class="subref" href="http://www.legislation.gov.uk/id/uksi/2013/423/schedule">Sch.</ref>
</p>
</note>
</notes>
<proprietary xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" source="#">
<dc:identifier>http://www.legislation.gov.uk/ukpga/2009/1/section/91/2013-04-01</dc:identifier>
<dc:title>Banking Act 2009</dc:title>
<dc:description>An Act to make provision about banking.</dc:description>
<dc:type>text</dc:type>
<dc:format>text/xml</dc:format>
<dc:language>en</dc:language>
<dc:publisher>Statute Law Database</dc:publisher>
<dc:modified>2024-05-18</dc:modified>
<dc:contributor>Expert Participation</dc:contributor>
<dct:valid>2013-04-01</dct:valid>
<ukm:PrimaryMetadata>
<ukm:DocumentClassification>
<ukm:DocumentCategory Value="primary"/>
<ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/>
<ukm:DocumentStatus Value="revised"/>
</ukm:DocumentClassification>
<ukm:Year Value="2009"/>
<ukm:Number Value="1"/>
<ukm:EnactmentDate Date="2009-02-12"/>
<ukm:ISBN Value="9780105450184"/>
</ukm:PrimaryMetadata>
<ukm:Notes>
<ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/91/notes" DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/91/notes"/>
<ukm:Alternatives>
<ukm:Alternative Date="2009-02-25" URI="http://www.legislation.gov.uk/ukpga/2009/1/pdfs/ukpgaen_20090001_en.pdf" Title="Explanatory Note"/>
</ukm:Alternatives>
</ukm:Notes>
<ukm:Alternatives>
<ukm:Alternative Date="2009-02-13" URI="http://www.legislation.gov.uk/ukpga/2009/1/pdfs/ukpga_20090001_en.pdf" Title="Print Version"/>
</ukm:Alternatives>
<ukm:Statistics>
<ukm:TotalParagraphs Value="291"/>
<ukm:BodyParagraphs Value="291"/>
<ukm:ScheduleParagraphs Value="0"/>
<ukm:AttachmentParagraphs Value="0"/>
<ukm:TotalImages Value="0"/>
</ukm:Statistics>
</proprietary>
</meta>
<body eId="body">
<part eId="part-2">
<num>
<b>Part 2</b>
</num>
<heading>Bank Insolvency</heading>
<hcontainer name="crossheading" ukl:Name="Pblock" eId="part-2-crossheading-introduction">
<heading>
<i>Introduction</i>
</heading>
<section eId="section-91" uk:target="true">
<num>91</num>
<heading>Interpretation: “bank”</heading>
<subsection eId="section-91-1">
<num>(1)</num>
<content>
<p>
In this Part “
<term refersTo="#term-bank" eId="term-bank">bank</term>
” means a
<abbr class="acronym" title="United Kingdom">UK</abbr>
institution which has permission under
<ins class="substitution first last" ukl:ChangeId="key-2d4cca78baff4aae7aaecd4b432be6e7-1551785989331" ukl:CommentaryRef="key-2d4cca78baff4aae7aaecd4b432be6e7">
<noteRef uk:name="commentary" href="#key-2d4cca78baff4aae7aaecd4b432be6e7" class="commentary"/>
Part 4A
</ins>
of the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits (within the meaning of section 22 of that Act, taken with Schedule 2 and any order under section 22).
</p>
</content>
</subsection>
<subsection eId="section-91-2">
<num>(2)</num>
<intro>
<p>
But “
<term refersTo="#term-bank" eId="term-bank">bank</term>
” does not include—
</p>
</intro>
<level class="para1" eId="section-91-2-a">
<num>(a)</num>
<content>
<p>a building society within the meaning of section 119 of the Building Societies Act 1986,</p>
</content>
</level>
<level class="para1" eId="section-91-2-b">
<num>(b)</num>
<content>
<p>a credit union within the meaning of section 31 of the Credit Unions Act 1979, or</p>
</content>
</level>
<level class="para1" eId="section-91-2-c">
<num>(c)</num>
<content>
<p>any other class of institution excluded by an order made by the Treasury.</p>
</content>
</level>
</subsection>
<subsection eId="section-91-3">
<num>(3)</num>
<content>
<p>
In subsection (1) “
<term refersTo="#term-uk-institution" eId="term-uk-institution">
<abbr class="acronym" title="United Kingdom">UK</abbr>
institution
</term>
” means an institution which is incorporated in, or formed under the law of any part of, the United Kingdom.
</p>
</content>
</subsection>
<subsection eId="section-91-4">
<num>(4)</num>
<intro>
<p>An order under subsection (2)(c)—</p>
</intro>
<level class="para1" eId="section-91-4-a">
<num>(a)</num>
<content>
<p>shall be made by statutory instrument, and</p>
</content>
</level>
<level class="para1" eId="section-91-4-b">
<num>(b)</num>
<content>
<p>may not be made unless a draft has been laid before and approved by resolution of each House of Parliament.</p>
</content>
</level>
</subsection>
<subsection eId="section-91-5">
<num>(5)</num>
<content>
<p>Section 130 makes provision for the application of this Part to building societies.</p>
</content>
</subsection>
<subsection eId="section-91-6">
<num>(6)</num>
<content>
<p>Section 131 makes provision for the application of this Part to credit unions.</p>
</content>
</subsection>
</section>
</hcontainer>
</part>
</body>
</act>
</akomaNtoso>