Glossary

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Term Definition Legal instruments

local authority

03/07/2015

THIS DEFINITION ONLY APPLIES TO THE DEPOSITOR PROTECTION PART

means

(1) in England and Wales, a local authority within the meaning of the Local Government Act 1972, the Greater London Authority, the Common Council of the City of London or the Council of the Isles of Scilly;

(2) in Scotland, a council within the meaning of the Local Government etc. (Scotland) Act 1994; 

(3) in Northern Ireland, a district council within the meaning of The Local Government Act (Northern Ireland) 1972;

(4) an authority equivalent to (1), (2) or (3) located in a country outside the UK.