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Banking Act 1987 (Exempt Persons) Order 1989

As Enacted Cited authorities 3 Cited in Amendments 2 Related
Vincent
JurisdictionUK Non-devolved
CitationSI 1989/125
Year1989

1989No. 125

BANKS AND BANKING

The Banking Act 1987 (Exempt Persons) Order 1989

31stJanuary1989

1stFebruary1989

1stApril1989

The Treasury, in exercise of the powers conferred on them by section 4(3) of the Banking Act 1987 ( a) and of all other powers enabling them in that behalf, and after consultation with the Bank of England, hereby order as follows:

Citation and Commencement

1. This Order may be cited as the Banking Act 1987 (Exempt Persons) Order 1989 and shall come into force on 1st April 1989.

2. Exemption

Schedule 2 to the Banking Act 1987 shall be amended by the addition of the following new entry after the entry numbered "14"-

" 14A. Crown Agents Financial Services Limited. " .

Kenneth Carlisle

David Maclean

Two of the Lords Commissioners of Her Majesty's Treasury

31st January 1989

(a) 1987 c.22.

EXPLANATORY NOTE

(This note is not part of the Order)

This Order adds Crown Agents Financial Services Limited to the list in Schedule 2 to the Banking Act 1987 of persons exempted from section 3 of that Act (restriction on acceptance of deposits).

ISBN 0 11 096125 0

Enabling power: Banking Act 1987, s. 43 (3).

Issued:

[15 2 89]

Territorial application & classification: E/W/S/NI. General.

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