The Legal Aid, Sentencing and Punishment of Offenders Act 2012 (Fines on Summary Conviction) Regulations 2015

Building Societies Act 1986 (c.53)E+W

This adran has no associated Memorandwm Esboniadol

4.  In Schedule 11 to the Building Societies Act 1986 (auditors: appointment etc)—

(a)in paragraph 4(10)(b), for “one tenth of the statutory maximum” substitute “one-tenth of the greater of £5,000 or the amount corresponding to level 4 on the standard scale for summary offences”;

(b)in paragraph 7(8)(b), for “one tenth of the statutory maximum” substitute “one-tenth of the greater of £5,000 or the amount corresponding to level 4 on the standard scale for summary offences”.

Commencement Information

I1Sch. 3 para. 4 in force at 12.3.2015, see reg. 1(1)