In section 209 of the Companies Act 19855 (interests in shares to be disregarded for purposes of disclosure requirements), at the end of paragraph (b) of subsection (2) insert “which falls within article 1(1)(a) of the banking consolidation directive (within the meaning of that Schedule)”.

In section 262(1) of that Act6 (minor definitions), in the definition of “credit institution”, for “article 1” substitute “article 1(1)(a)”.

In section 699A(3) of that Act7 (credit and financial institutions to which the Bank Branches Directive (89/117/EEC) applies), in the definition of “credit institution”, for “article 1” substitute “article 1(1)(a)”.