Building Societies Act 1986

ConveyancersU.K.

1U.K.Where 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 [F1a loan] 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 [F1a loan] 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 [F2under 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 [F3administrative services] to the society.

Textual Amendments

F1Words in Sch. 10 paras. 1, 2, 5, 6 substituted (1.12.1997 in specified cases and for specified purposes and otherwise in accordance with art. 2(2)(3)(5) of S.I. 1997/2668) by 1997 c. 32, ss. 43, 47(3), Sch. 7 para. 60(2)(a); S.I. 1997/2668, art. 2, Sch. Pt. II(w)(z)(xxxvi)

F2Words in Sch. 10 paras. 1, 2, 5, 6 repealed (1.12.1997 in specified cases and for specified purposes and otherwise in accordance with art. 2(2)(3)(5) of S.I. 1997/2668) by 1997 c. 32, ss. 43, 46(2), 47(3), Sch. 7 para. 60(2)(b), Sch. 9; S.I. 1997/2668, art. 2, Sch. Pt. II(w)(y)(z)(xxxvi)(cc)(xix)