SCHEDULES

[F1SCHEDULE 15AU.K. Application of other companies insolvency legislation to building societies

Textual Amendments

F1Sch. 15A inserted (1.12.1997) by 1997 c. 32, s. 39(2), Sch. 6; S.I. 1997/2668, art. 2, Sch. Pt. I(i)

Part IIU.K. Modified Application of Parts I and II and Chapter I of Part III of Insolvency Act 1986

Voluntary arrangementsU.K.

7U.K.Section 1 of the Act (proposals for voluntary arrangements) has effect as if—

(a)it required any proposal under Part I of the Act to be so framed as to enable a building society to comply with the requirements of this Act; and

(b)any reference to debts included a reference to liabilities owed to the holders of shares in a building society.]