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Building Societies Act 1986, Paragraph 1 is up to date with all changes known to be in force on or before 05 September 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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1Where the business associate of the building society provides conveyancing services the requisite particulars of its business in any financial year are the following—
(a)the number of cases in which it has provided conveyancing services in respect of an advance secured on land and the purchase of the land both to the society and to the borrower;
(b)the number of cases in which it has provided the society (but not the borrower) with conveyancing services in respect of an advance secured on land;
(c)the aggregate amount of the fees paid to it by the society or by or on behalf of the borrower for the provision of conveyancing services falling within sub-paragraphs (a) and (b) above;
(d)the aggregate of the amounts paid to it by the society by way of commission for its having introduced investment business to the society;
(e)the aggregate amount of any fees paid to it by the society in consideration of the provision of conveyancing services in respect of any land held by the society under section 6, 10, 17 or 19;
(f)the aggregate amount of any fees paid to it by the society in consideration of the provision of [F1administrative services] to the society.
Textual Amendments
F1Words in Sch. 10 paras. 1-8 substituted (9.6.1997) by 1997 c. 32, s. 43, Sch. 7 para. 60(1); S.I. 1997/1427, art. 2(k)(n)(xvii)
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