Date-stamp loading
Version status: In force | Document consolidation status: No known changes
Version date: 4 March 2004 - onwards
  Version 2 of 2    

Article 27 Interpretation of the 1996 Regulations

In paragraph (1) of regulation 3 of the Insolvency Regulations (Northern Ireland) 1996 (interpretation and application), for the definition of "bank" substitute -

""bank" means -

(a) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits, or

(b) an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to that Act, which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12(1) of that Schedule) to accept deposits;".

Comparing proposed amendment...