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4.—(1) Subject to paragraph (2) below, the Building Societies (Designation of Qualifying Bodies) Order 1990(1), the Building Societies (Designation of Qualifying Bodies) Order 1991(2), the Building Societies (Designation of Qualifying Bodies) (Amendment) Order 1991(3), the Building Societies (Designation of Qualifying Bodies) (No. 2) Order 1991(4), the Building Societies (Designation of Qualifying Bodies) Order 1992(5), the Building Societies (Designation of Qualifying Bodies) (No. 2) Order 1992(6), the Building Societies (Designation of Qualifying Bodies) (No. 3) Order 1992(7), and the Building Societies (Designation of Qualifying Bodies) (No. 4) Order 1992(8) are hereby revoked.
(2) Any power which has been adopted for the purposes of any Order revoked by this Order may be exercised by a society as long as that power continues to be specified in that society’s memorandum, but, notwithstanding the foregoing, that power shall cease to be exercisable three years after the date this Order comes into force.
S.I. 1991/1358.
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