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					<dc:identifier>http://www.legislation.gov.uk/ukpga/1987/22/section/89</dc:identifier><dc:title>Banking Act 1987 (repealed)</dc:title><dc:description>An Act to make new provision for regulating the acceptance of deposits in the course of a business, for protecting depositors and for regulating the use of banking names and descriptions; to amend section 187 of the Consumer Credit Act 1974 in relation to arrangements for the electronic transfer of funds; to clarify the powers conferred by section 183 of the Financial Services Act 1986; and for purposes connected with those matters.</dc:description><dc:date>1987-05-15</dc:date><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2024-05-21</dc:modified><dct:valid>2001-12-01</dct:valid>
					
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					<ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="1987"/><ukm:Number Value="22"/><ukm:EnactmentDate Date="1987-05-15"/></ukm:PrimaryMetadata>
					

                    
									 
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/1987/22/body" IdURI="http://www.legislation.gov.uk/id/ukpga/1987/22/body" NumberOfProvisions="112" RestrictExtent="E+W+S+N.I." RestrictEndDate="2001-12-01" Match="false"><Part DocumentURI="http://www.legislation.gov.uk/ukpga/1987/22/part/VI" IdURI="http://www.legislation.gov.uk/id/ukpga/1987/22/part/VI" NumberOfProvisions="24" RestrictExtent="E+W+S+N.I." RestrictEndDate="2001-12-01" Match="false" id="part-VI"><Number>Part VI</Number><Title> Miscellaneous and Supplementary</Title><P1group RestrictExtent="E+W+S+N.I." RestrictEndDate="2001-12-01" Match="false"><Title> Electronic transfer of funds.</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1987/22/section/89" IdURI="http://www.legislation.gov.uk/id/ukpga/1987/22/section/89" id="section-89"><Pnumber>89</Pnumber><P1para><Text>After section 187(3) of the <CommentaryRef Ref="c9387361"/>Consumer Credit Act 1974 (arrangements to be disregarded in determining whether a consumer credit agreement is to be treated as entered into in accordance with prior or in contemplation of future arrangements between creditor and supplier) there shall be inserted—</Text><BlockAmendment TargetClass="primary" TargetSubClass="unknown" Context="main" Format="default"><P2><Pnumber>3A</Pnumber><P2para><Text>Arrangements shall also be disregarded for the purposes of subsections (1) and (2) if they are arrangements for the electronic transfer of funds from a current account at a bank within the meaning of the Bankers’ Books Evidence Act 1879.</Text></P2para></P2></BlockAmendment></P1para></P1></P1group></Part></Body></Primary><Commentaries><Commentary id="c9364611" Type="F"><Para><Text>Act repealed (1.12.2001) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2001/3649" id="c00021" Class="UnitedKingdomStatutoryInstrument" Year="2001" Number="3649">S.I. 2001/3649</Citation>, <CitationSubRef id="c00022" URI="http://www.legislation.gov.uk/id/uksi/2001/3649/article/1" Operative="true" CitationRef="c00021" SectionRef="article-1">arts. 1</CitationSubRef>, <CitationSubRef id="c00023" URI="http://www.legislation.gov.uk/id/uksi/2001/3649/article/3/1/d" CitationRef="c00021" SectionRef="article-3-1-d">3(1)(d)</CitationSubRef></Text></Para><Para><Text>Act continued (with modifications) (1.12.2001) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2001/2967" id="c00024" Class="UnitedKingdomStatutoryInstrument" Year="2001" Number="2967">S.I. 2001/2967</Citation>, <CitationSubRef id="c00025" URI="http://www.legislation.gov.uk/id/uksi/2001/2967/article/1/2" CitationRef="c00024" SectionRef="article-1-2">arts. 1(2)</CitationSubRef>, <CitationSubRef id="c00026" URI="http://www.legislation.gov.uk/id/uksi/2001/2967/article/9/1" CitationRef="c00024" SectionRef="article-9-1">9(1)</CitationSubRef>, <CitationSubRef id="c00027" URI="http://www.legislation.gov.uk/id/uksi/2001/2967/schedule/1/part/1" Operative="true" CitationRef="c00024" SectionRef="schedule-1-part-1">Sch. 1 Pt. 1</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2001/3538" id="c00028" Class="UnitedKingdomStatutoryInstrument" Year="2001" Number="3538">S.I. 2001/3538</Citation> (as amended (1.4.2013) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2013/472" id="c00029" Class="UnitedKingdomStatutoryInstrument" Year="2013" Number="472">S.I. 2013/472</Citation>, <CitationSubRef id="c00030" URI="http://www.legislation.gov.uk/id/uksi/2013/472/article/1/1" CitationRef="c00029" SectionRef="article-1-1">arts. 1(1)</CitationSubRef>, <CitationSubRef id="c00031" URI="http://www.legislation.gov.uk/id/uksi/2013/472/article/3" CitationRef="c00029" SectionRef="article-3">3</CitationSubRef>, <CitationSubRef id="c00032" URI="http://www.legislation.gov.uk/id/uksi/2013/472/schedule/2/paragraph/56/h/i" Operative="true" CitationRef="c00029" SectionRef="schedule-2-paragraph-56-h-i">Sch. 2 para. 56(h)(i)</CitationSubRef>); and specified provisions of Act applied, extended and amended (1.4.2003) so far as still in force by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2001/16" id="c00033" Year="2001" Class="UnitedKingdomPublicGeneralAct" Number="16">2001 c. 16</Citation>, <CitationSubRef id="c00034" URI="http://www.legislation.gov.uk/id/ukpga/2001/16/section/50" CitationRef="c00033" SectionRef="section-50">ss. 50</CitationSubRef>, <CitationSubRef id="c00035" URI="http://www.legislation.gov.uk/id/ukpga/2001/16/section/52" UpTo="http://www.legislation.gov.uk/id/ukpga/2001/16/section/54" CitationRef="c00033" Type="group" StartSectionRef="section-52" EndSectionRef="section-54">52-54</CitationSubRef>, <CitationSubRef id="c00036" URI="http://www.legislation.gov.uk/id/ukpga/2001/16/section/57/1/j/4" CitationRef="c00033" SectionRef="section-57-1-j-4">57(1)(j)(4)</CitationSubRef>, <CitationSubRef id="c00037" URI="http://www.legislation.gov.uk/id/ukpga/2001/16/section/68" CitationRef="c00033" SectionRef="section-68">68</CitationSubRef>, <CitationSubRef id="c00038" URI="http://www.legislation.gov.uk/id/ukpga/2001/16/section/138/2" CitationRef="c00033" SectionRef="section-138-2">138(2)</CitationSubRef>, <CitationSubRef id="c00039" URI="http://www.legislation.gov.uk/id/ukpga/2001/16/schedule/1/paragraph/43" CitationRef="c00033" SectionRef="schedule-1-paragraph-43">Sch. 1 para. 43</CitationSubRef>, <CitationSubRef id="c00040" URI="http://www.legislation.gov.uk/id/ukpga/2001/16/schedule/2/paragraph/16/2/d" Operative="true" CitationRef="c00033" SectionRef="schedule-2-paragraph-16-2-d">Sch. 2 para. 16(2)(d)</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2003/708" id="c00041" Class="UnitedKingdomStatutoryInstrument" Year="2003" Number="708">S.I. 2003/708</Citation>, <CitationSubRef id="c00042" URI="http://www.legislation.gov.uk/id/uksi/2003/708/article/2" Operative="true" CitationRef="c00041" SectionRef="article-2">art. 2</CitationSubRef></Text></Para></Commentary><Commentary id="c9387361" Type="M"><Para><Text><Citation URI="http://www.legislation.gov.uk/id/ukpga/1974/39" id="c04968" Year="1974" Class="UnitedKingdomPublicGeneralAct" Number="39">1974 c. 39</Citation>. </Text></Para></Commentary></Commentaries></Legislation>