Article 62 Application of Part III of the 1989 Order to former authorised institutions
(1) The Banks (Administration Proceedings) Order (Northern Ireland) 1991 is amended as follows.
(2) In Article 3 (application of the 1989 Order with modifications to banks) the words "authorised institutions and" and "within the meaning of the Banking Act 1987" are revoked.
(3) In the sub-heading to the Schedule (modifications of Part III of the Insolvency (Northern Ireland) Order 1989 in relation to companies which are authorised or former authorised institutions under the Banking Act 1987) the words "authorised or" and "under the Banking Act 1987" are revoked.
(4) In paragraph 2 of the Schedule, for "Article 21(4)" substitute "Article 21(5)".