PART 3

Access to services etc
CHAPTER 2

Other services etc

Bank accounts

Power to amend
43
1
The Treasury may by order amend any of sections 40 to 42 so as—
a
to alter the categories of financial institution to which those sections apply;
b
to alter the categories of account to which the prohibition in section 40(1) or the requirement in section 40A(1) applies;
c
to include provision defining a category of account specified in section 40 or 40A ;
d
to provide for the prohibition in section 40(1) not to apply in the case of an account to be operated (or an account that is operated) by or for a person or body of a specified description.
2
An order under subsection (1) may amend a section so that it provides for a matter to be specified in a further order to be made by the Treasury.
3
In subsection (1) “account” includes a financial product by means of which a payment may be made.
S. 43 in force at 14.7.2014 by S.I. 2014/1820, art. 2(c)
Words in s. 43(1)(b) inserted (1.11.2016 for specified purposes, 30.10.2017 in so far as not already in force) by Immigration Act 2016 (c. 19), s. 94(1), Sch. 7 para. 5(2); S.I. 2016/1037, reg. 2(d); S.I. 2017/929, reg. 2(b)
Words in s. 43(1)(c) substituted (1.11.2016 for specified purposes, 30.10.2017 in so far as not already in force) by Immigration Act 2016 (c. 19), s. 94(1), Sch. 7 para. 5(3); S.I. 2016/1037, reg. 2(d); S.I. 2017/929, reg. 2(b)