SCHEDULES

SCHEDULE 6 Minor and Consequential Amendments

The Credit Unions (Northern Ireland) Order 1985

23

1

In the definition of “authorised bank” in Article 2(2) of the Credit Unions (Northern Ireland) Order 1985 for sub-paragraph (a) there shall be substituted—

a

an institution authorised under the Banking Act 1987 or a municipal bank within the meaning of that Act;

2

In Article 25 of that Order for paragraphs (2) and (3) there shall be substituted—

2

In this Article and Article 26 “deposit” has the meaning given in section 5 of the Banking Act 1987