The Electronic Money Regulations 2011

The Building Societies Act 1986 (Modification of the Lending Limit and Funding Limit Calculations) Order 2004

This section has no associated Explanatory Memorandum

17.  In article 2(1) of the Building Societies Act 1986 (Modification of the Lending Limit and Funding Limit Calculations) Order 2004(1), in the definition of “credit institution”—

(a)omit “the first sub-paragraph of”; and

(b)for “as amended” substitute “as last amended by Directive 2009/111/EC”.

(1)

S.I. 2004/3200; a relevant amending instrument is S.I. 2006/3221.