Immigration Act 2014
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
42 “Bank” and “building society”
(1) In sections 40 to 41 “bank” means an authorised deposit-taker that has its head office or a branch in the United Kingdom. This is subject to subsection (4). (2) In subsection (1) “authorised deposit-taker” means— (a) a person who under Part 4A of the Financial Services and Markets Act 2000 has permission to accept deposits; (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) A reference in subsection (2) to a person ... with permission to accept deposits does not include a person ... with permission to do so only for the purposes of, or in the course of, an activity other than accepting deposits. (4) “Bank” does not include— (a) a building society; (b) a person who is specified, or is within a class of persons specified, by an order under section 38 of the Financial Services and Markets Act 2000 (exemption orders); (c) a credit union within the meaning given by section 31(1) of the Credit Unions Act 1979 or by Article 2(2) of the Credit Unions (Northern Ireland) Order 1985; (d) a friendly society within the meaning given by section 116 of the Friendly Societies Act 1992. (5) In sections 40 to 41 , and in subsection (4), “building society” means a building society incorporated (or deemed to be incorporated) under the Building Societies Act 1986.
42 “Bank” and “building society”
(1) In sections 40 to 41 “bank” means an authorised deposit-taker that has its head office or a branch in the United Kingdom. This is subject to subsection (4). (2) In subsection (1) “authorised deposit-taker” means— (a) a person who under Part 4A of the Financial Services and Markets Act 2000 has permission to accept deposits; (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) A reference in subsection (2) to a person ... with permission to accept deposits does not include a person ... with permission to do so only for the purposes of, or in the course of, an activity other than accepting deposits. (4) “Bank” does not include— (a) a building society; (b) a person who is specified, or is within a class of persons specified, by an order under section 38 of the Financial Services and Markets Act 2000 (exemption orders); (c) a credit union within the meaning given by section 31(1) of the Credit Unions Act 1979 or by Article 2(2) of the Credit Unions (Northern Ireland) Order 1985; (d) a friendly society within the meaning given by section 116 of the Friendly Societies Act 1992. (5) In sections 40 to 41 , and in subsection (4), “building society” means a building society incorporated (or deemed to be incorporated) under the Building Societies Act 1986.
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