9(1)Section 482 (supplementary provisions) shall be amended as follows.
(2)In subsection (6), in paragraph (b) of the definition of “qualifying certificate of deposit” for the words “less than seven days” there shall be substituted the words “more than five years”.
(3)In subsection (6), the following paragraph shall be substituted for paragraph (a) of the definition of “qualifying time deposit”—
“(a)require repayment of the deposit at a specified time falling before the end of the period of five years beginning with the date on which the deposit is made;”.
(4)In subsection (11) the following shall be inserted after paragraph (a)—
“(aa)with respect to the furnishing of information by depositors or deposit-takers, including, in the case of deposit-takers, the inspection of books, documents and other records on behalf of the Board; and”.
(5)The following subsection shall be inserted after subsection (11)—
“(11A)In subsection (11)(aa) above the reference to depositors is to persons who are appropriate persons (within the meaning given by subsection (6) above) in relation to deposits.”
(6)Sub-paragraphs (2) and (3) above shall apply as regards interest paid or credited on or after 6th April 1991.