
Print Options
PrintThe Whole
Instrument
PrintThe Whole
Part
PrintThe Whole
Cross Heading
PrintThis
Section
only
Status:
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Power to apply first group of Parts to formerly authorised banks
16.—(1) Section 422 of the Insolvency Act 1986 (recognised banks, etc.) is amended as follows.
(2) For the cross heading to that section substitute “Formerly authorised banks”.
(3) In subsection (1)(), after “in relation to any person” insert “(other than an authorised deposit taker)”.
(4) After subsection (1) insert—
“(1A) For the purposes of subsection (1), “authorised deposit taker” has the meaning given in section 8(1B).”.
Back to top