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The Banking Coordination (Second Council Directive) Regulations 1992
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72.—(1) In subsection (4) of section 44 of the Building Societies Act (reauthorisation), the word “and” immediately following paragraph (d) shall be omitted and after that paragraph there shall be inserted the following paragraph—
“(dd)each of the persons who, either alone or with any associate or associates, has a qualifying holding in the society is a fit and proper person to have such a holding; and”.
(2) After subsection (9) of that section there shall be inserted the following subsection—
“(9A) Any expression used in this section to which a meaning is given by section 9(13) has that meaning in this section.”
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