Section 359(4)

In this section— “agreement” means an agreement the making or performance of which constitutes or is part of a regulated activity carried on by the company or partnership, “authorised deposit taker” means a person with a Part 4A permission to accept deposits (but not a person who has a Part 4A permission to accept deposits only for the purpose of carrying on another regulated activity in accordance with that permission), “authorised reclaim fund” has the same meaning as in the Dormant Assets Acts 2008 to 2022 (see section 26 of the Dormant Assets Act 2022); “company” means a company— in respect of which an administrator may be appointed under Schedule B1 to the 1986 Act, or in respect of which an administrator may be appointed under Schedule B1 to the 1989 Order, “relevant deposit” shall, ignoring any restriction on the meaning of deposit arising from the identity of the person making the deposit, be construed in accordance with— section 22, any relevant order under that section, and Schedule 2.

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Source: legislation.gov.uk · retrieved 2026-09-04