SCHEDULES

SCHEDULE 6 Minor and Consequential Amendments

The Companies (Northern Ireland) Order 1986

28

F21

In Article 2(3) of the Companies (Northern Ireland) Order 1986—

a

after the definition of “articles” there shall be inserted—

“authorised institution” means a company which is an institution authorised under the Banking Act 1987;

b

the definition of “recognised bank” shall be omitted.

2

In Article 217(5)(a)(i) of that Order for the words “a recognised bank or licensed institution within the meaning of the Banking Act 1979” there shall be substituted the words “ an authorised institution ”.

3

In Article 240(5) of that Order for the words “recognised banks” there shall be substituted the words “ authorised institutions ”.

4

In Article 242(1) of that Order for the words “a recognised bank”, wherever they occur, there shall be substituted the words “ an authorised institution ”.

5

In Article 255(3)(c) of that Order for the words “a recognised bank or licensed institution within the meaning of the Banking Act 1979” there shall be substituted the words “ an authorised institution ”.

6

In Article 265(1) of that Order for paragraph (a) there shall be substituted—

a

“banking company” means a company which is an authorised institution

7

In Articles 346(4), 347(4), 351(1)(a) and 352(2) of that Order for the words “a recognised bank”, wherever they occur, there shall be substituted the words “ an authorised institution ”.

8

In Article 442(1)(f) F3and (1A) of that Order for the words “the Banking Act 1979” there shall be substituted the words “ the Banking Act 1987 ”.

F49

In Schedule 6 to that Order, in paragraph 4 for the words “a recognised bank” and “that recognised bank” there shall be substituted respectively the words “ an authorised institution ” and “ that authorised institution ”, in paragraphs 14(a) and 17(a) for “(7)” there shall be substituted “ (6) ” and in the heading to Part III for the words “RECOGNISED BANKS” there shall be substituted the words “ AUTHORISED INSTITUTIONS ”.