294.—(1) Section 108 of the County Courts Act 1984 (attachment of debts) is amended as follows.
(2) In subsection (1), for the words from “the following” to the end substitute “any deposit account, and any withdrawable share account, with a deposit-taker”.
(3) In subsection (4)(b) for “deposit-taking institution”, in both places, substitute “deposit-taker”.
295.—(1) Section 109 of the County Courts Act 1984 (administrative expenses of garnishees and others) is amended as follows.
(2) In subsection (1)(1)—
(a)for “any deposit-taking institution, the institution” substitute “a deposit-taker, it”;
(b)for “the administrative and clerical expenses of the institution” substitute “its administrative and clerical expenses”; and
(c)the words “of an institution” are repealed.
(3) In subsection (1A)(2)—
(a)for “any such institution as is mentioned in that subsection” substitute “a deposit-taker”; and
(b)for “the institution” substitute “it”.
(4) In subsection (4)(c)(3), for “deposit-taking institution” substitute “deposit-taker”.
296.—(1) Section 147 of the County Courts Act 1984 (Interpretation) is amended as follows.
(2) In subsection (1), for the definition of “deposit-taking institution”(4) substitute—
““deposit-taking institution” means a person who may, in the course of his business, lawfully accept deposits in the United Kingdom;”.
(3) After subsection (1) insert—
“(1A) The definition of “deposit-taking institution” in subsection (1) must be read with—
(a)section 22 of the Financial Services and Markets Act 2000;
(b)any relevant order under that section; and
(c)Schedule 2 to that Act.”.
Subsection (1) was substituted by the Administration of Justice Act 1985 (c. 61), s.52(2).
Subsection (1A) was inserted by the Administration of Justice Act 1985 (c. 61), s.52(2).
Section 109(4)(c) was substituted by the Administration of Justice Act 1985 (c. 61) s. 52(4).
The definition of “deposit-taking institution” was amended by the Banking Act 1987 (c. 22), s.108(1), Schedule 6, para.15.