The Electronic Money Regulations 2011

The Companies Act 2006

This section has no associated Explanatory Memorandum

5.  In the Companies Act 2006(1)—

(a)in section 1173(1) (minor definitions: general), in the definition of “credit institution”—

(i)for “Article 4.1(a)” substitute “Article 4.1”; and

(ii)at the end insert “as last amended by Directive 2009/111/EC”; and

(b)in section 1210(3) (meaning of “statutory auditor” etc.), in paragraph (a) of the definition of “bank”—

(i)for “Article 4.1(a)” substitute “Article 4.1”; and

(ii)at the end insert “as last amended by Directive 2009/111/EC”.