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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 July 1995 - onwards
  Version 3 of 3    

63. Certain additional persons to be excluded depositors.

Repealed from 1 July 1995

Where the Bank is satisfied that a person maintaining deposits (including deposits, if any, on current accounts) with the holder or former holder of a licence which has become insolvent and is being wound up has directly or indirectly any responsibility for the circumstances giving rise to, or has profited or attempted to profit from, the insolvency, the person shall, unless an excluded depositor by virtue of any other provision of this Chapter, be an excluded depositor by virtue of this section.

Comparing proposed amendment...