[142C Core services]
[142C Core services]

[(1)     References in this Act to “core services” are to be read in accordance with this section.

(2)     The following are core services—

(a)     facilities for the accepting of deposits or other payments into an account which is provided in the course of carrying on the core activity of accepting deposits;

(b)     facilities for withdrawing money or making payments from such an account;

(c)     overdraft facilities in connection with such an account.

(3)     The Treasury may by order provide that any other specified services provided in the course of carrying on the core activity of accepting deposits are also core services.