3.—(1) In Article 217 of the Companies (Northern Ireland) Order 1986(1) (interests in shares to be disregarded for purposes of disclosure requirements), for sub-paragraph (b) of paragraph (2) substitute—
“(b)an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to that Act which falls within article 1(1)(a) of the banking consolidation directive (within the meaning of that Schedule);”.
(2) In Articles 270(1) (minor definitions)(2) and 648A(3) (credit and financial institutions to which the Bank Branches Directive (89/117/EEC) applies)(3) of that Order, for the definition of “credit institution” substitute—
““credit institution” means a credit institution as defined in article 1(1)(a) of Directive 2001/12/EC of the European Parliament and of the Council of 20th March 2000 relating to the taking up and pursuit of the business of credit institutions, that is to say an undertaking whose business is to receive deposits or other repayable funds from the public and to grant credit for its own account;”.
S.I. 1986/1032 (N.I. 6). Article 217 was substituted by S.R. (N.I.) 1994/2 and was amended by S.I. 2001/3649.
Article 270 was inserted by S.I. 1990/593 (N.I. 5). The definition of “credit institution” was substituted by S.R. (N.I.) 1993/199.
Article 648A was inserted by S.R. (N.I.) 1993/198.