Banking Act 1987 (repealed)

Type Public General Act
Publication 1987-05-15
Last updated 2013-04-01
State In force
Department Statute Law Database
articles Not indexed
Reform history JSON API
92
93

S. 30(4): functions of the Secretary of State transferred to the Scottish Ministers (1.7.1999) by S.I 1999/1750, art. 2, Sch. 1 (with art. 7); S.I. 1998/3178, art. 3

94

S. 31 applied (with modifications) (1.12.2001) by S.I. 2001/3592, art. 113(1) (with art. 23(2))

95
96
97

S. 33 amended (1.1. 1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 7

98

Words in s. 33 substituted (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt. I Ch. I para.11; S.I. 1998/1120, art.2

99
100

Words in s. 36 substituted (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt.I Ch. I para.11; S.I. 1998/1120, art. 2

101

Words in s. 37 substituted (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt. I Ch. I para.11; S.I. 1998/1120, art. 2

102

S. 37(2) substituted (1.1.1993) by S.I. 1992/3218, reg. 34(with savings in reg. 46(a)).

103

Words in s. 38 substituted (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt. I Ch. I para.11; S.I. 1998/1120, art. 2

104

S. 39 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 8.

105
106

Words in s. 39(1)(a) inserted (1.6.1998) by 1998 c. 11, s. 27(a); S.I. 1998/1120, art. 2

107

Words in s. 39(1)(a) substituted (1.6.1998) by 1998 c. 11, s. 27(b); S.I. 1998/1120, art. 2

108

S. 39(6)(7)(7A) substituted (1.1.1993) for s. 39(6)(7) by S.I. 1992/3218, reg 36(with savings in reg. 46(a)).

109

S. 39(11) restricted (20.8.1999) by S.I. 1999/2094, reg. 3

110

S. 39(12)-(12B) continued (with modfications) (1.12.2001) by S.I. 2001/3646, art. 5

111

S. 39(12A)(12B) inserted (14.4.2000 (E.W.N.I.) and 1.1.2001 (S.)) by 1999 c. 23, s. 59, Sch. 3 para. 17 (with s. 67, Sch. 7 para. 5(2)); S.I. 2000/1034, art. 2; S.S.I. 2000/445, art. 2

114

S. 40 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 9.

115
116

S. 40(3) restricted (20.8.1999) by S.I. 1999/2094, reg. 3

117

Words in s. 41 substituted (1.6.1998) by 1998 c. 11, s.23, Sch. 5 Pt. I Ch. I para. 11; S.I. 1998/1120, art. 2

118

S. 41 amended (1.1.1993) by S.I. 1992/3218, regs. 1(2), 47, Sch. 8, para. 10.

119

S. 41(2)(3)(3A) substituted (1.1.1993) for s. 41(2)(3) by S.I. 1992/3218, reg 37 (with saving in reg. 46(a)).

120

S. 41(9) restricted (20.8.1999) by S.I. 1999/2094, reg. 3

121

S. 41(10)-(10B) continued (with modifications) (1.12.2001) by S.I. 2001/3646, art. 14

122

S. 41(10A)(10B) inserted (14.4.2000 (E.W.N.I) and 1.1.2001 (S.)) by 1999 c. 23, s. 59, Sch. 3 para. 18 (with s. 67, Sch. 7 para. 5(2)); S.I. 2000/1034, art. 2; S.S.I. 2000/455, art. 2

126
127

S. 42(5)-(5B) continued (with modifications) (1.12.2001) by S.I. 2001/3646, art. 14

128

S. 42(5A)(5B) substituted (14.4.2000 (E.W.N.I) and 1.1.2001 (S.)) by 1999 c. 23, s. 59, Sch. 3 para. 19 (with s. 67, Sch. 7 para. 5(2)); S.I. 2000/1034, art. 2; S.S.I. 2000/445, art. 2

130

S. 43(2): power of seizure extended (prosp.) by 2001 c. 16, ss. 50, 52-55, 68, 138(2), Sch. 1 Pt. 1 para. 43

131

S. 43(4) applied (prosp.) by 2001 c. 16, ss. 57(1)(j), 138(2) (with s. 57(4))

132

S. 45 modified (02.12.1991) by S.I. 1991/2704, reg. 5(4)

133

S. 45 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para.11.

134
135

Words substituted by Companies Act 1989 (c. 40, SIF 27), s. 119(3) (the substitution being in force 1.4.1990 subject to transitional and saving provisions referred to in art. 4(a) of S.I. 1990/355)

138

Words substituted (1.4.1990 subject to the transitional and saving provisions referred to in art. 4(a) of S.I. 1990/355) for the words “sections 384” by Companies Act 1989 (c. 40, SIF 27), s. 119(3)

140

Words substituted by S.I. 1990/593 (N.I. 5), art. 25, Sch. 10 Pt. II para. 29 (subject to the savings and transitional provisions referred to in S.R. 1990/246 art. 4)

141

Words in s. 46(4) substituted (11.03.1991) by S.I. 1990/1504 (N.I. 10), art. 54(3); S.R. 1991/26, arts. 3(a), 4, Sch.

142
143

S. 47 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 12.

144

S. 47(1)(c) and word preceding it inserted (18.7.1996) by S.I. 1996/1669, reg. 4(1)

145

S. 47(3A) inserted (18.7.1996) by S.I. 1996/1669, reg. 4(2)

146

S. 48(1) restricted by S.I. 1965/1776, rule 23 (as added by S.I. 1988/298, rule 13)

147

S. 48(1) restricted (1.11.1992) (N.I) by S.R. 1992/399, r. 8(3).

150

Pt. II (ss. 50-66) modified (1.7.1995temp. to 31.12.1999) by S.I. 1995/1442, reg. 54(2). Pt. II (ss. 50-66) continued for certain purposes (subject to modifications) (1.12.2001) by S.I. 2001/2967, arts. 1(2), 9, 11, Sch. 1 Pt. 1; S.I. 2001/3538, art. 2(1)

151

S. 50 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 13.

152

S. 50: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g)

153

S. 50: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g)

155

Words in s. 50(2)(b) substituted (1.7.1995) by S.I. 1995/1442, regs. 25, 53(1), 54(2)

156

S. 51: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

157

S. 51: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

158

S. 51(3A) inserted (1.7.1995) by S.I. 1995/1442, regs. 26, 53(1), 54(2)

159

S. 52 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 14.

160

S. 52: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

161

S. 52: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

162

S. 52(1) substituted (1.7.1995) by S.I. 1995/1442, regs. 27(1), 53(1), 54(2)

163

S. 52(2A) inserted (1.7.1995) by S.I. 1995/1442, regs. 27(2), 53(1), 54(2)

165

S. 52(4)-(4B) substituted (1.7.1995) for s. 52(4) by S.I. 1995/1442, regs. 27(3), 53(1), 54(2)

166

Words in s. 52(4)(b) substituted (22.11.2000) by S.I. 2000/2952, reg. 5(5)

167

O.J. L135, 31.5.94, page 5.

168
171

O.J. L350, 31.12.94, page 1.

172

Cm 2073.

173

Cm 2183.

174

S. 52(8) inserted (20.8.1999) by S.I. 1999/2094, reg. 5

175

S. 53: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

176

S. 53: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

178

S. 53(2A) inserted (1.7.1995) by S.I. 1995/1442, regs. 28, 53(1), 54(2)

179

S. 54: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

180

S. 54: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

181

S. 55: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

182

S. 55: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

183

S. 56: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

184

S. 56: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

185

S. 57: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

186

S. 57: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

187

Words in s. 57(2)-(4) substituted (1.7.1995) by S.I. 1995/1442, regs. 29(1)(a), 53(1), 54(2)

188

Words in s. 57(2)-(4) substituted (1.7.1995) by S.I. 1995/1442, regs. 29(1)(b), 53(1), 54(2)

189

S. 57(4A) inserted (1.7.1995) by S.I. 1995/1442, regs. 29(2), 53(1), 54(2)

190

S. 58 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 15.

191

S. 58: power to amend conferred (9.6.1997) by 1997 c. 32, s. 32(5)(b)(i); S.I. 1997/1427, art. 2(g).

192

S. 58(1)-(2D) substituted for (1.7.1995) for s. 58(1)(2) by S.I. 1995/1442, regs. 30(1), 53(1), 54(2)

194

Words in s. 58(3) substituted (1.7.1995) by S.I. 1995/1442, regs. 30(2)(a), 53(1), 54(2)

195

Words in s. 58(3) omitted (1.7.1995) by virtue of S.I. 1995/1442, regs. 30(2)(b), 53(1), 54(2)

196

S. 58(5) substituted (26.9.1998) by S.I. 1998/2169, reg. 4

197

S. 58(6) substituted (1.7.1995) by S.I. 1995/1442, regs. 30(4), 53(1), 54(2)

198

Words in s. 58(7) substituted (1.7.1995) by S.I. 1995/1442, regs. 30(5), 53(1), 54(2)

199

Words in s. 58(8)(a) inserted (1.7.1995) by S.I. 1995/1442, regs. 30(6)(a), 53(1), 54(2)

200

Words in s. 58(8)(b)(ii) substituted (1.7.1995) by S.I. 1995/1442, regs. 30(6)(b), 53(1), 54(2)

206

Words in s. 58(8)(b)(v) substituted (1.7.1995) by S.I. 1995/1442, regs. 30(6)(c), 53(1), 54(2)

207

S. 58(10) substituted (1.7.1995) by S.I. 1995/1442, regs. 30(7), 53(1), 54(2)

208

S. 59 substituted (1.7.1995) by S.I. 1995/1442, regs. 31, 53(1), 54(2)

209

S. 59: power to amend conferred (9.6.1997) by 1997 c. 32, s. 32(5)(b)(i); S.I. 1997/1427, art. 2(g).

211

S. 59(4)(a) modified (1.7.1995) by S.I. 1995/1442, regs. 53(3), 54(2)

212

S. 60 amended (31.07.1991) by S.I. 1991/1776, art. 2(1)(2)

213

S. 60 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 16.

214

S. 60 power to amend conferred (9.6.1997) by 1997 c. 32, s. 32(5)(b)(i); S.I. 1997/1427, art. 2(g).

215

S. 60(1)-(4) substituted (1.7.1995) by S.I. 1995/1442, regs. 32(1), 53(1), 54(2)

216

Words in s. 60(5) substituted (1.7.1995) by S.I. 1995/1442, regs. 32(2), 53(1), 54(2)

217

S. 60(6)(6A) substituted (1.7.1995) for s. 60(6) by S.I. 1995/1442, regs. 32(3), 53(1), 54(2)

218

Words in s. 60(6)(b) substituted (22.11.2000) by S.I. 2000/2952, reg. 5(5)

219

O.J. L135, 31.5.94, page 5.

221

O.J. L166, 28.6.91, page 77.

222

Words in s. 60(7) omitted (1.7.1995) by virtue of S.I. 1995/1442, regs. 32(4)(a), 53(1), 54(2)

223

Words in s. 60(7) substituted (1.7.1995) by S.I. 1995/1442, regs. 32(4)(b), 53(1), 54(2)

224

S. 60(8) omitted (1.7.1995) by virtue of S.I. 1995/1442, regs. 32(5), 53(1), 54(2)

225

S. 61 amended (31.07.1991) by S.I. 1991/1776, art. 2(1)(2)

226

S. 61: power to amend conferred (9.6.1997) by 1997 c. 32, s. 32(5)(b)(i), 47(3); S.I. 1997/1427, art. 2(g).

227

S. 61(11) inserted (1.7.1995) by S.I. 1995/1442, regs. 33, 53(1), 54(2)

228

S. 62 amended (31.07.1991) by S.I. 1991/1776, art. 2(1)(2)

229

S. 62: power to amend conferred (9.6.1997) by 1997 c. 32, s. 32(5)(b)(i); S.I. 1997/1427, art. 2(g).

230

Words in s. 62(1)(a)(b) omitted (1.7.1995) by virtue of S.I. 1995/1442, regs. 34(1)(a)(b), 53(1), 54(2)

231

Words in s. 62(2) substituted (1.7.1995) by S.I. 1995/1442, regs. 34(2)(a), 53(1), 54(2)

232

Words in s. 62(2)(a) substituted (1.7.1995) by S.I. 1995/1442, regs. 34(2)(b), 53(1), 54(2)

233

Words in s. 62(4)(5) substituted (1.7.1995) by S.I. 1995/1442, regs. 34(3)(4), 53(1), 54(2)

240

S. 63: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

241

S. 63: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

242

S. 64: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

243

S. 64: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

245

S. 65: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

246

S. 65: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

248

S. 65(2) substituted (1.7.1995) by S.I. 1995/1442, regs. 35(1), 53(1), 54(2)

249

Words in s. 65(3) substituted (1.7.1995) by S.I. 1995/1442, regs. 35(2), 53(1), 54(2)

250

Words in s. 65(4) substituted (1.7.1995) by S.I. 1995/1442, regs. 35(3), 53(1), 54(2)

251

S. 66: power to apply conferred (9.6.1997) by 1997 c. 32, s. 32(2); S.I. 1997/1427, art. 2(g).

252

S. 66: power to repeal conferred (9.6.1997) by 1997 c. 32, s. 32(5)(a); S.I. 1997/1427, art. 2(g).

253

Ss. 67, 69(1): excluded (28.3.1991) by S.I. 1991/66, arts. 1, 2

257

S. 68 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 17.

259

S. 69 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 18.

260

S. 69(1) excluded (28. 3. 1991) by S.I. 1991/66, art. 2

263

S. 70 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 19.

264

Words in s. 70 substituted (1.6.1998) by 1998 c. 11, s. 23, Sch. 5 Pt. I Ch. I para. 15; S.I. 1998/1120, art.2

267

S. 71 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para. 20.

268
270
271

S. 74 amended (1.1.1993) by S.I. 1992/3218, reg. 47, Sch. 8 para.21.

273
274
276
277
278

This version of this provision extends to England, Wales and Scotland; a separate version has been created for Northern Ireland.

279
280

S. 79(2)(aa) inserted (E.W.S.) (1.1.1993) by S.I 1992/3179, reg. 4, Sch. 3 para. 10(2).

281

Words in s. 79(5) substituted (E.W.S.) (1.1.1993) by S.I. 1992/3179, reg. 4, Sch. 3 para. 10(3)(a).

282

Words in s. 79(5) substituted (E.W.S.) (1.1.1993) by S.I. 1992/3179, reg. 4, Sch. 3 para. 10(3)(b).

283

This version of this provision extends to Northern Ireland; a separate version has been created for England, Wales and Scotland.

284
286

Words in s. 79(5) substituted (8.6.1993) by S.R. 1993/198, reg. 4, Sch. 3 para. 9(3)(a)

287

Words in s. 79(5) substituted (8.6.1993) by S.R. 1993/198, reg. 4, Sch. 3 para. 9(3)(b)

288

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