Regulation 10
SCHEDULE 2PRESCRIBED INVESTMENTS
The investments prescribed in this Schedule are—
(a)a deposit with the Bank of England or an institution authorised under Part I of the Banking Act 1987(1);
(b)a deposit with a building society incorporated (or deemed to be incorporated) under the Building Societies Act 1986(2);
(c)if the deposit is repayable at not more than 7 days notice, a deposit with a body (other than the charging authority) which is for the time being specified in paragraph 12 or 13 of Schedule 2 to the Banking Act 1987.
(1)
(2)