Banking Act 1987 (Exempt Transactions) (Amendment) Regulations 1997
| Jurisdiction | UK Non-devolved |
| Citation | SI 1997/1866 |
| Year | 1997 |
1997 No. 1866
BANKS AND BANKING
The Banking Act 1987 (Exempt Transactions) (Amendment) Regulations 1997
Made 29th July 1997
Laid before Parliament 30th July 1997
Coming into force 21th August 1997
The Treasury, in exercise of the powers conferred upon them by section 4(4), (5) and (6) of the Banking Act 19871and of all other powers enabling them in that behalf, hereby make the following Regulations:
Citation, commencement and interpretation
1.—(1) These Regulations may be cited as the Banking Act 1987 (Exempt Transactions) (Amendment) Regulations 1997 and shall come into force on 21st August 1997.
(2) In these Regulations “the principal Regulations” shall mean the Banking Act 1997 (Exempt Transactions) Regulations 19972.
Amendment of principal Regulations
2. Regulation 14 of the principal Regulations shall be amended by substituting for paragraph (1) the following paragraph—
“1 Where a relevant debt security issued in relation to the acceptance of a deposit intended to be an exempt...
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