The Banking Act 1987 (Exempt Transactions) (Amendment No. 2) Regulations 1990.

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Statutory Instrument

The Banking Act 1987 (Exempt Transactions) (Amendment No. 2) Regulations 1990.

Citation

S.I. 1990/1018

As at

—

Sections

Source

legislation.gov.uk (The National Archives)

View on legislation.gov.uk

Section 1Citation and commencement

These Regulations may be cited as the Banking Act 1987 (Exempt Transactions) (Amendment No. 2) Regulations 1990 and shall come into force on 30th May 1990.

Section 2Amendment of principal Regulations

Regulation 7(2)(b) of the Banking Act (Exempt Transactions) Regulations 1988 shall be amended by deleting the word “either”, substituting the word “or” for the word “and” at the end of paragraph (ii) and inserting the following new paragraph—

(iii) the principal business of the society is the sale of goods or the provision of services to societies fulfilling the requirements of paragraph (i) above, and

2 sections

Cite this legislation

The Banking Act 1987 (Exempt Transactions) (Amendment No. 2) Regulations 1990. (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1990-1018

Contains public sector information licensed under the Open Government Licence v3.0.

OGL-3

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