PART 8MISCELLANEOUS AMENDMENTS TO PRIMARY LEGISLATION

Supreme Court Act 1981 (c. 54)

Attachment of debts290

1

Section 40 of the Supreme Court Act 1981 (attachment of debts) is amended as follows.

2

In subsection (1), for the words from “the following” to the end substitute “any deposit account, and any withdrawable share account, with a deposit-taker”.

3

In subsection (4)(b) for “deposit-taking institution”, in both places, substitute “deposit-taker”.

4

For subsection (6)212 substitute—

6

“Deposit-taker” means a person who may, in the course of his business, lawfully accept deposits in the United Kingdom.

5

After subsection (6) insert—

7

Subsection (6) must be read with—

a

section 22 of the Financial Services and Markets Act 2000;

b

any relevant order under that section; and

c

Schedule 2 to that Act.