[133E Meaning of “banking company”]
Corporation Tax Act 2009 (2009 c 4) | Legislation

[133E  Meaning of “banking company”]

[(1)     For the purposes of section 133A, a company is a “banking company”—

(a)     at a time when it meets conditions A to D,

(b)     at a time when it meets condition A and is a member of a partnership which meets conditions B to D, or

(c)     if it is a building society.

In subsections (2) to (6), “the relevant entity” means the company or partnership.

(2)     Condition A is that the company is not an excluded company (see section 133F).

(3)     Condition B—

(a)     in relation to any time on or after 1 December 2001, is that the relevant entity is an authorised person for the purposes of FISMA 2000 (see

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