§ 33. Mr. Staintonasked the Secretary of State for Industry, Trade and Regional Development what restrictions are applied to the use of the word "Bank" in the registration of business names and limited companies; and how many limited companies whose name includes this word have been registered since 1955.
§ Mr. HeathThe registration of a company or business name containing the word "bank" is permitted only when the company is carrying on banking business, or intends to do so. Since the beginning of 1955 27 new limited companies have been registered, and 9 companies have been re-registered, by names including the word "bank" or a similar word.