Version Superseded: 01/04/2013
Point in time view as at 20/03/2003.
Building Societies Act 1986, Cross Heading: Winding up: general 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.
27U.K.Section 187 (power to make over assets to employees) of the Act does not apply.
28(1)In section 201 (dissolution: voluntary winding up) of the Act, subsection (2) applies without the words from “and on the expiration” to the end of the subsection and, in subsection (3), the word “However” shall be omitted.U.K.
(2)Sections 202 to 204 (early dissolution) of the Act do not apply.
29U.K.In section 205 (dissolution: winding up by the court) of the Act, subsection (2) applies with the omission of the words from “and, subject” to the end of the subsection; and in subsections (3) and (4) references to the Secretary of State shall have effect as references to the [F1Authority].
Textual Amendments
F1Words in Sch. 15 para. 29 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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