(1) A deposit is "protected" so far as it is covered by the FSCS.
(2) [deleted]
(3) [deleted]
(4) In subsection (1) and section 48B(8)(a), "deposit" has the meaning given by article 5(2) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544), but ignoring the exclusions in article 6.