SCHEDULES
C1SCHEDULE 15 Application of Companies Winding Up Legislation to Building Societies
F1Part III Modified application of Insolvency (Northern Ireland) Order 1989
Sch. 15 paras. 34-55E substituted (N.I.) (1.10.1991) for Sch. 15 paras. 34-55 by S.I. 1989/2405 (N.I. 19), arts. 2(1), 381, Sch. 9 Pt. II para. 45(c); S.R. 1991/411, art. 2
Parts V F4, 11 and 12
Words in Sch. 15 Pt. III heading substituted (7.4.2017) by The Deregulation Act 2015, the Small Business, Enterprise and Employment Act 2015 and the Insolvency (Amendment) Act (Northern Ireland) 2016 (Consequential Amendments and Transitional Provisions) Regulations 2017 (S.I. 2017/400), regs. 1(2), 2(3)(e)
Penal provisions
55B
Articles 180 and 181 (restriction on re-use of name) do not apply.
55C
1
Articles 182 and 183 (prosecution of delinquent officers) do not apply in relation to offences committed by members of a building society acting in that capacity.
2
Article 182(4) and paragraphs (1) and (2) of Article 183 do not apply.
3
The references in paragraphs (3) and (5) of Article 183 to the Department shall have effect as references to the F2FCA ; and the reference in paragraph (3) to Article 182 shall have effect as a reference to that Article as supplemented by paragraph 55D below.
55D
1
Where a report is made to the prosecuting authority (within the meaning of Article 182) under Article 182(3), in relation to an officer of a building society, he may, if he thinks fit, refer the matter to the F3FCA for further enquiry.
2
On such a reference to it the F3FCA 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.
Sch. 15 applied (with modifications) (7.4.2010) by The Building Societies (Financial Assistance) Order 2010 (S.I. 2010/1188), arts. 1(2), 9