Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 30 November 1997 - onwards
    Version 1 of 1    

Schedule 17 Reorganisation into Companies of Trustee Savings Banks

Section 705.

Interpretation

1. In this Schedule -

"bank" means either or both a trustee savings bank and a bank within the meaning of section 57(3)(c)(i) of the Trustee Savings Banks Act, 1989, as the context requires;

"successor" means the company to which any property, rights, liabilities and obligations are transferred in the course of a transfer;

"transfer" means the transfer by a trustee savings bank of all or part of its property and rights and all of its liabilities or obligations under an order made by the Minister for Finance under section 57 of the Trustee Savings Banks Act, 1989, authorising the reorganisation of one or more trustee savings banks into a company or the reorganisation of a company referred to in subsection (3)(c)(i) of that section into a company referred to in subsection (3)(c)(ii) of that section.

Capital allowances

2.

(1) This paragraph shall apply for the purposes of -

(a) allowances and charges provided for in Part 9, section 670, Chapter 1 of Part 29 and

Comparing proposed amendment...