1218“Company with investment business” and “investment business”U.K.
This section has no associated Explanatory Notes
(1)In this Part “company with investment business” means a company whose business consists wholly or partly of making investments.
(2)But a credit union is not a company with investment business for the purposes of this Part.
(3)References in this Part to a company's investment business are to be construed in accordance with section 1219(2).
But this subsection does not affect the interpretation of the expression “company with investment business”.