Textual Amendments
F1Pt. 5 Ch. 3B inserted (27.4.2017 for specified purposes, 30.1.2018 for the insertion of ss. 303Z2(4), 303Z10 for E.W.S. so far as not already in force, 31.1.2018 for E.W.S. in so far as not already in force) by Criminal Finances Act 2017 (c. 22), ss. 16, 58(1)(6); S.I. 2018/78, regs. 2(b), 3(d)
F2Words in Pt. 5 Ch. 3B heading substituted (retrospectively except as it extends to N.I.) by Financial Services Act 2021 (c. 22), s. 33(2)(3), Sch. 12 para. 12 (with s. 33(4))
Modifications etc. (not altering text)
C1Pt. 5 Ch. 3B applied by 2007 c. 30, s. 24(1) (as substituted (27.4.2017 for specified purposes, 31.1.2018 for E.W.S. in so far as not already in force) by Criminal Finances Act 2017 (c. 22), ss. 21(3), 58(1)(6); S.I. 2018/78, reg. 3(f))
Textual Amendments
F3Words in s. 303Z1 cross-heading substituted (retrospectively except as it extends to N.I.) by Financial Services Act 2021 (c. 22), s. 33(2)(3), Sch. 12 para. 13 (with s. 33(4))
(1)“Bank” means an authorised deposit-taker, other than a building society, that has its head office or a branch in the United Kingdom.
(2)In subsection (1), “authorised deposit-taker” means—
(a)a person who has permission under Part 4A of the Financial Services and Markets Act 2000 to accept deposits;
(b)a person who—
(i)is specified, or is within a class of persons specified, by an order under section 38 of that Act (exemption orders), and
(ii)accepts deposits;
(c)an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to that Act that has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12(1) of that Schedule) to accept deposits.
(3)A reference in subsection (2) to a person or firm with permission to accept deposits does not include a person or firm with permission to do so only for the purposes of, or in the course of, an activity other than accepting deposits.]