(1) Part 8 of the Principal Act is amended -

(a) in section 243 -

(i) by the insertion after subsection (1) of the following:

"(1A) For the purposes of this section, 'bank' includes building society within the meaning of section 256(1).",

and

(ii) in subsection (5)(a) -

(I) in subparagraph (I) by the deletion of "or", and

(II) by the substitution for subparagraph (II) of the following:

"(II) the interest is interest referred to in paragraph (a), (b) or (h) of section 246(3), or

(III) the interest is interest to which section 64(2) applies,",

and

(b) in section 246(1) -

(i) by the substitution for the definitions of "a collective investment undertaking" and "collective investor" of the following:

"'bank' includes building society within the meaning of section 256(1);"

and

(ii) by the substitution for the definition of "relevant person" of the following: