PART 7ENACTMENTS RELATING TO SCOTLAND
CHAPTER Iprimary legislation
Law Reform (Miscellaneous Provisions) (Scotland) Act 1990 (c. 40)
Definition of “relevant institution”231
For section 12(13)(a) of the Law Reform (Miscellaneous Provisions) (Scotland) Act 1990 (dormant accounts of charities in banks, etc.) substitute—
a
a “relevant institution” is—
i
a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits;
ii
an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to that Act which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to accept deposits;
iii
such other person or class of persons as the Secretary of State may by regulations made under this section, prescribe;