2 Interpretation: “bank”

2  Interpretation: “bank”

(1)     In this Part “bank” means a UK institution which has permission under [Part 4A] of the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits (within the meaning of section 22 of that Act, taken with Schedule 2 and any order under section 22).

(2)     But “bank” does not include—

(a)     a building society

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