Modifications etc. (not altering text)
C1Pt. II (ss. 50-66) modified (1.7.1995temp. to 31.12.1999) by S.I. 1995/1442, reg. 54(2).
Pt. II (ss. 50-66) continued for certain purposes (subject to modifications) (1.12.2001) by S.I. 2001/2967, arts. 1(2), 9, 11, Sch. 1 Pt. 1; S.I. 2001/3538, art. 2(1)
(1)The body corporate known as the Deposit Protection Board and the Fund known as the Deposit Protection Fund established by section 21 of the M1Banking Act 1979 shall continue to exist.
(2)The Deposit Protection Board (in this Part of this Act referred to as “the Board”) shall—
(a)hold, manage and apply the Fund in accordance with the provisions of this Part of this Act;
(b)levy contributions for the Fund, in accordance with those provisions, from authorised institutions; and
(c)have such other functions as are conferred on the Board by those provisions.
(3)Schedule 4 to this Act shall have effect with respect to the Board.
Modifications etc. (not altering text)
C2S. 50 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para.13.
Marginal Citations