SCHEDULE 1AMENDMENTS COMING INTO FORCE ON 6TH APRIL 2008
PART 2OTHER AMENDMENTS
108
1
Section 119(1) of the Building Societies Act 1986 (interpretation) is amended as follows.
2
For the definition of “associated undertaking”M1 substitute—
“associated undertaking” has the meaning given by section 119A;
3
Omit the definition of “subsidiary undertaking”M2.
4
At the appropriate place insert—
“undertaking” and “subsidiary undertaking” have the same meaning as in the Companies Acts (see sections 1161(1) and 1162 of, and Schedule 7 to, the Companies Act 2006);