[564B Meaning of “financial institution”]

[564B  Meaning of “financial institution”]

[(1)     In this Part “financial institution” means—

(a)     a bank, as defined by section 991,

(b)     a building society,

(c)     a wholly-owned subsidiary—

(i)     of a bank within paragraph (a), or

(ii)     of a building society,

[(d)     a person with permission under Part 4A of the Financial Services and Markets Act 2000 to enter into, or to exercise or have the right to exercise rights

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