SCHEDULES

C3C2C1F3SCHEDULE 15A Application of other companies insolvency legislation to building societies

Annotations:
Amendments (Textual)
F3

Sch. 15A inserted (1.12.1997) by 1997 c. 32, s. 39(2), Sch. 6; S.I. 1997/2668, art. 2, Sch. Pt. I(i)

Modifications etc. (not altering text)
C3

Sch. 15A amendment to earlier affecting provision SI 2010/1188 art. 11 (with application in accordance with art. 1(4) of the amending S.I.) by The Building Societies (Floating Charges and Other Provisions) Order 2016 (S.I. 2016/679), art. 1(1)(2), 5(3)

Part I General mode of application

2

1

The enactments shall, in their application to building societies, have effect with the substitution—

F1aa

every reference to a company registered in Scotland shall have effect as a reference to a building society whose principal office is situated in Scotland;

F2aa

every reference to a company registered in Scotland shall have effect as a reference to a building society whose registered office is situated in Scotland;

a

for “company” of “ building society ”F6(except as otherwise specified in paragraphs 27H and 54 below) ;

b

for “the registrar of companies” or “the registrar” of “ F4Financial Conduct Authority ”;

c

for “the articles” of “ the rules ”; and

d

for “registered office” of “ principal office ”.

2

In the application of the enactments to building societies—

a

every reference to the officers, or to a particular officer, of a company shall have effect as a reference to the officers, or to the corresponding officer, of the building society and as including a person holding himself out as such an officer; and

b

every reference to an administrative receiver F5, other than a reference in section 29(2), 72A or 251 of the Insolvency Act 1986 or in Article 5(1) or 59A of the Insolvency (Northern Ireland) Order 1989, shall be omitted.