SCHEDULES

C1SCHEDULE 16 Mergers: Supplementary Provisions

Annotations:
Modifications etc. (not altering text)
C1

Sch. 16 excluded by S.I. 1986/2168, art. 9(2)(b)(3)

Part III Confirmation by F2appropriate authority : Procedure

Annotations:
Amendments (Textual)

7

An application for confirmation by the F2appropriate authority of an amalgamation or transfer of engagements shall be made in such manner as the F2appropriate authority may F1direct.

8

1

Where a building society applies to the F2appropriate authority for confirmation of an amalgamation or transfer or engagements, the society shall publish notice of the application in any one or more of the London Gazette, the Edinburgh Gazette or the Belfast Gazette, as the F2appropriate authority directs and, if it so directs, in one or more newspapers.

2

A notice published in pursuance of sub-paragraph (1) above shall—

a

state that any interested party has the right to make representations to the F2appropriate authority with respect to the application; and

b

specify a date determined by the F2appropriate authority before which any written representations or notice of a person’s intention to make oral representations must be received by the Commission; and

c

specify a date determined by the F2appropriate authority as the day on which it intends to hear any oral representations.

9

1

After the date specified in pursuance of paragraph 8(2)(b) above, the F2appropriate authority shall—

a

determine the time and place at which oral representations may be made;

b

give notice of that determination to the building societies participating in the amalgamation or transfer and any persons who have given notice of their intention to make oral representations; and

c

send copies of the written representations received by the F2appropriate authority to the building societies participating in the amalgamation or transfer.

2

The F2appropriate authority shall allow any building society participating in the amalgamation or transfer an opportunity to comment on the written representations, whether at a hearing or in writing before the expiration of such period as the F2appropriate authority specifies in a notice to the society.