(1) The following are the conditions referred to in subparagraph (i) of the definition of 'special term account' in section 256(1):
(a) the account shall be opened and designated by the relevant deposit taker as a medium term account or, as the case may be, a long term account;
(b) the account shall not be denominated in a foreign currency;
(c) the account shall not be connected with any other account held by the account holder or any other person; and for this purpose an account shall be connected with another account if -
(I) either account was opened with reference to the other account, or with a view to enabling the other account to be opened on particular terms, or with a view to facilitating the opening of the other account on particular terms, and
(II) the terms on which either account was opened would have been significantly less favourable to the account holder if the other account had not been opened,
or
(ii) the terms on which either account is operated are altered or af
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