176. In section 189(1) of the Consumer Credit Act 1974 (definitions)—
(a)the definitions of “authorised institution” and “insurance company” are repealed;
(b)in the definition of “deposit”, after “means” insert “(except in section 16(10) and 25(1B))”; and
(c)in the definition of “friendly society” for “under the Friendly Societies Acts 1896 to 1971” substitute “or treated as registered under the Friendly Societies Act 1974 or the Friendly Societies Act 1992”.