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SECONDARY LEGISLATION

The Insolvent Partnerships Order 1994 (S.I. 1994/2421)

Application of Part II of the Insolvency Act 1986 to partnerships which are former authorised institutions

36.  In paragraph 2 of Schedule 2 to the Insolvent Partnerships Order 1994 (modified provisions of Part II of the Insolvency Act), in paragraph (b) of the text of section 8(5) of the Insolvency Act 1986 (as modified by that paragraph)(1), after “the Banking Act 1987” insert “, but is not an authorised deposit taker, within the meaning given by subsection (1B)”.

(1)

Subsection (5) of the modified text of section 8 of the Insolvency Act 1986 was substituted by S.I. 2001/3649, article 468(3).