Version Superseded: 01/04/2013
Point in time view as at 20/03/2003.
Building Societies Act 1986, Paragraph 32 is up to date with all changes known to be in force on or before 09 March 2025. 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.
32(1)Where a report is made to the prosecuting authority (within the meaning of section 218) under section 218(4) of the Act, in relation to an officer of a building society, he may, if he thinks fit, refer the matter to the [F1Authority] for further enquiry.U.K.
(2)On such a reference to it the [F2Authority] shall exercise its power under section 55(1) of this Act to appoint one or more investigators to investigate and report on the matter.
(3)An answer given by a person to a question put to him in exercise of the powers conferred by section 55 on a person so appointed may be used in evidence against the person giving it.
Textual Amendments
F1Words in Sch. 15 para. 32(1)(2) substituted (17.8.2001 for certain purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8, 13(1), Sch. 3 Pt. II para. 209(f) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2
F2Words in Sch. 15 para. 32(1)(2) substituted (17.8.2001 for certain purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8, 13(1), Sch. 3 Pt. II para. 209(f) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2
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