The Immigration Act 2014 (Current Accounts) (Compliance &c) Regulations 2016
These Regulations prescribe information, manner and form and timing requirements for the purposes of the statutory regime governing immigration checks of current accounts by banks and building societies under sections 40A to 40H of the Immigration Act 2014 (c. 22)(“the Act”). Sections 40A to 40H were inserted into the Act by section 45 of and Schedule 7 to the Immigration Act 2016 (c. 19). Accounts excluded from the regime, and additional requirements under section 40B of the Act are prescribed by the Immigration Act 2014 (Current Accounts)(Excluded Accounts and Notification Requirements) Regulations 2017.