SCHEDULES

C3C2C1F2SCHEDULE 15A Application of other companies insolvency legislation to building societies

Annotations:
Amendments (Textual)
F2

Sch. 15A inserted (1.12.1997) by 1997 c. 32, s. 39(2), Sch. 6; S.I. 1997/2668, art. 2, Sch. Pt. I(i)

Modifications etc. (not altering text)
C3

Sch. 15A amendment to earlier affecting provision SI 2010/1188 art. 11 (with application in accordance with art. 1(4) of the amending S.I.) by The Building Societies (Floating Charges and Other Provisions) Order 2016 (S.I. 2016/679), art. 1(1)(2), 5(3)

Part III Modified Application of Parts II, IIIF4, 4 and 12 of Insolvency (Northern Ireland) Order 1989

Annotations:
Amendments (Textual)

Administration orders

43

1

Paragraph (1) of Article 35 of the Order (statement of proposals) as applied to a building society has effect as if—

a

the reference to the F3Financial Conduct Authority included a reference to the F1scheme manager;

b

the reference to all creditors included a reference to all holders of shares in the society; and

c

the reference to a meeting of the society’s creditors included a reference to a meeting of holders of shares in the society.

2

In paragraph (2) of that Article as so applied, references to members of the society do not include references to holders of shares in the society.