The Immigration Act 2014 (Bank Accounts) (Prohibition on Opening Current Accounts for Disqualified Persons) Order 2014

Prohibition on opening current accounts for disqualified persons

3.  In article 2 of this Order—

(a) “charity” means a body whose annual income is less than £1 million and is any of the following—

(i) in England and Wales, a charity as defined by section 1(1) of the Charities Act 2011(1);

(ii) in Scotland, a charity as defined by section 106 of the Charities and Trustee Investment (Scotland) Act 2005(2);

(iii) in Northern Ireland, a charity as defined by section 1(1) of the Charities Act (Northern Ireland) 2008(3);

(b) “consumer” means an individual who, with respect to an account to be or being operated by or for them, is acting for purposes other than a trade, business or profession;

(c) “micro-enterprise” means an enterprise as defined in Article 1 and Article 2(1) and (3) of the Annex to Commission Recommendation 2003/361/EC of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises(4).

(1)

2011 c.25.

(2)

2005 asp 10.

(3)

2008 c.12.

(4)

OJ No L 124, 20.5.2003, p36.