Section 48C
BA 2009
Banking Act 2009 · United Kingdom
A deposit is “protected” so far as it is covered by the FSCS. In subsection (1) and section 48B(8)(a), “deposit” has the meaning given by article 5(2) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544), but ignoring the exclusions in article 6.
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Source: legislation.gov.uk · retrieved 2026-09-04