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PART XVIS GENERAL AND MISCELLANEOUS

MiscellaneousS

338 Interpretation.S

(1)In this Act, unless the context otherwise requires—

[F2(a)a person who has permission under [F3Part 4A] of the Financial Services and Markets Act 2000 to accept deposits,

(ab)an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to that Act which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to accept deposits, or]

(b)a company as to which the Secretary of State was satisfied immediately before the repeal of the M10Protection of Depositors Act 1963 that it ought to be treated as a banking company or discount company for the purposes of that Act;

[F8“insurance company” means—

(a)

a person who has permission under [F9Part 4A] of the Financial Services and Markets Act 2000 to effect or carry out contracts of insurance, or

(b)

an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to that Act which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to effect or carry out contracts of insurance;]

[F25(1A)The definitions of “bank” and “insurance company” in subsection (1) must be read with—

(a)section 22 of the Financial Services and Markets Act 2000;

(b)any relevant order under that section; and

(c)Schedule 2 to that Act.]

(2)For the purposes of this Act—

(a)the person who for the time being is entitled to receive, or would, if the same were let, be entitled to receive, the rent of any premises, including a trustee, tutor, curator, factor or agent, shall be deemed to be the person having control of the premises; and

(b)a crofter or a landholder shall be deemed to be the person having control of any premises on his croft or holding in respect of which he would, on the termination of his tenancy, be entitled to compensation under the Crofters (Scotland) Acts 1955 and 1961 or, as the case may be, the Small Landholders (Scotland) Acts 1886 to 1931, as for an improvement.

(3)In this Act, any reference to the demolition of a building shall be deemed to include a reference to such reconstruction of the building as the local authority may approve; and where a building is so reconstructed any reference to selling, letting or appropriating the land, the building on which has been or will be demolished, shall, unless the context otherwise requires, be construed as a reference to selling, letting or appropriating the land and the reconstructed building.

Textual Amendments

F2 Words in s. 338(1) substituted (1.12.2001) by S.I. 2001/3649, arts. 1, 226(2)(a)

F4Words in s. 338(1) repealed (1.4.2009 for the repeal of the definition of "standard amenities", 1.4.2010 in so far as not already in force) by Housing (Scotland) Act 2006 (asp 1), s. 195(3), sch. 7 (with s. 193); S.S.I. 2009/122, art. 3

F5Words in s. 338(1) substituted (1.4.2009) by Housing (Scotland) Act 2006 (asp 1), s. 195(3), sch. 6 para. 14 (with s. 193); S.S.I. 2009/122, art. 3

F6Words in s. 338(1) substituted by 2010 c. 15 Sch. 26 Pt. 1 para. 8 (as inserted) (1.10.2010) by The Equality Act 2010 (Consequential Amendments, Saving and Supplementary Provisions) Order 2010 (S.I. 2010/2279), art. 1(2), Sch. 1 para. 2 (see S.I. 2010/2317, art. 2)

F8Words in s. 338(1) substituted (1.12.2001) by S.I. 2001/3649, arts. 1, 226(2)(b)

F11Definition of “local authority” in s. 338(1) substituted (1.4.1996) by 1994 c. 39, s. 180(1), Sch. 13 para. 152(7)(a); S.I. 1996/323, art. 4

F12Words in s. 338(1) inserted (1.3.2011) by Housing (Scotland) Act 2010 (asp 17), ss. 144(2), 166(2); S.S.I. 2011/96, art. 2, sch. (with art. 6)

F14Words in s. 338(1) added (26.3.2001) by S.I. 2001/1149, art. 3(1), Sch. 1 para. 73

F17Words in s. 338(1) inserted (30.9.2002) by 2001 asp 10, s. 112, Sch. 10 para. 13(41)(a); S.S.I. 2002/321, art. 2, Sch. (with transitional provisions and savings in arts. 3-5)

F18Words in s. 338(1) substituted (1.4.2012) by Housing (Scotland) Act 2010 (asp 17), s. 166(2), sch. 2 para. 3(5); S.S.I. 2012/39, art. 2, sch. 1 (with sch. 2) (as amended (1.4.2012) by S.S.I. 2012/91, art. 4)

F19Words in s. 338(1) inserted (30.9.2002) by 2001 asp 10, s. 112, Sch. 10 para. 13(41)(b); S.S.I. 2002/321, art. 2, Sch. (with transitional provisions and savings in arts. 3-5)

F22Words in s. 338(1) repealed (1.4.2002) by 2002 asp 3, s. 71, Sch. 7 para. 18(6) (with s. 67); S.S.I. 2002/118, art. 2(3) (subject to savings in art. 3)

F24Words in s. 338(1) repealed (1.4.2002) by 2002 asp 3, s. 71, Sch. 7 para. 18(6) (with s. 67); S.S.I. 2002/118, art. 2(3) (subject to savings in art. 3)

F25S. 338(1A) inserted (1.12.2001) by S.I. 2001/3649, arts. 1, 226(3)

Modifications etc. (not altering text)

C1S. 338 extended (1.7.1994) by S.I. 1994/1696, reg. 68, Sch. 8 Pt. I para. 15

C2S. 338(1) amended (1.1.1993) by S.I. 1992/3218, reg. 82(1), Sch. 10 Pt. I para. 26

Marginal Citations