bankmeans any authorised institution in England and Wales within the meaning of the Banking Act 1987 or a European deposit-taker as defined in regulation 82(3) of the Banking Coordination (Second Council Directive) Regulations 1992 that is to say a European authorised institution which has lawfully established a branch in the United Kingdom for the purpose of accepting deposits;
bankruptmeans the bankrupt or his estate;
companymeans the company which is being wound up;
liquidation committeemeans, in the case of a winding up by the court, any committee established under section 141 and, in the case of a creditors' voluntary winding up, any committee established under section 101;
liquidatorincludes, in the case of a company being wound up by the court, the official receiver when so acting;
local bankmeans any bank in, or in the neighbourhood of, the insolvency district, or the district in respect of which the court has winding-up jurisdiction, in which the proceedings are taken, or in the locality in which any business of the company or, as the case may be, the bankrupt is carried on;
local bank accountmeans, in the case of a winding up by the court, a current account opened with a local bank under regulation 6(2) below and, in the case of a bankruptcy, a current account opened with a local bank under regulation 21(1) below;
payment instrumentmeans a cheque or payable order;
the former Regulationsmeans the Insolvency Regulations 1986 as amended by the Insolvency (Amendment) Regulations 1987, the Insolvency (Amendment) Regulations 1988 and the Insolvency (Amendment) Regulations 1991.
the Rulesmeans the Insolvency Rules 1986;