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The Credit Institutions (Protection of Depositors)Regulations 1995
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- 1995 No. 1442
- Part II
- Chapter I
- Main provisions
- Regulation 5
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Withdrawal from scheme
5.—(1) An EEA institution which is participating in a UK scheme may withdraw from participation in that scheme by giving to the relevant Board not less than six months notice of its intention to do so.
(2) In this regulation and regulation 7 below “the relevant Board”—
(a)in relation to the deposit protection scheme, means the Deposit Protection Board; and
(b)in relation to the investor protection scheme, means the Investor Protection Board.
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