Hill Samuel Bank and United Dominions Trust Act 1994

2 Interpretation

(1) In this Act, unless the subject or context otherwise requires—

• “appointed day” in relation to a transfer scheme means such day as may be specified under section 3 (2) of this Act as the appointed day for the scheme;

• “customer” includes any person having a bank account or other dealing, transaction, agreement or arrangement with Hill Samuel or UDT;

• “document” has the same meaning as in section 10 of the [1968 c. 64.] Civil Evidence Act 1968;

• “enactment” means any enactment in this Act or in any general or local Act or in any order, rule or regulation made under any Act;

• “existing” means existing, outstanding or in force immediately before the appointed day for a transfer scheme;

• “the first appointed day” means the earliest day which is the appointed day for any transfer scheme;

• “Hill Samuel” means Hill Samuel Bank Limited;

• “liabilities” includes duties and obligations of every description;

• “property” means property and assets of every description including property and assets held on trust or in a fiduciary capacity and rights, benefits and powers of every description;

• “security” includes a mortgage or charge (whether legal or equitable), debenture, bill of exchange, promissory note, guarantee, lien, pledge (whether actual or constructive), hypothecation, assignment by way of security, indemnity, right of set-off, flawed asset arrangement, undertaking or other means of securing payment or discharge of a debt or liability;

• “transfer scheme” means a scheme made under section 3 (Schemes for transfer to TSB of property, liabilities, trusteeships and other appointments) of this Act;

• “trustee” includes a trustee or custodian trustee of any trust deed, settlement, covenant, agreement or will; executor of the will, or administrator of the estate, of a deceased person; judicial trustee appointed by order of any court; attorney for another person; or any other person acting in a fiduciary capacity;

• “TSB” means TSB Bank plc;

• “UDT” means United Dominions Trust Limited; and

• “will” includes a codicil and any other testamentary writing.

(2) Any reference in this Act to property or liabilities of Hill Samuel or UDT is a reference to property or liabilities wherever such property or liabilities are situated or arise and whether or not capable of being transferred or assigned by Hill Samuel or UDT and whether it is entitled or subject to the property or liabilities under the law of any part of the United Kingdom or under the law of any country or territory outside the United Kingdom.