Building Societies Act 1986

Part II U.K. Northern Ireland

Industrial and Provident Societies Act (Northern Ireland)1969 (c.24 N.I.) U.K.

20 U.K. In section 31(b) of the M1 Industrial and Provident Societies Act (Northern Ireland) 1969 (authorised investments) for “society registered under the Building Societies Act” there shall be substituted “ building society within the meaning of the Building Societies Act 1986. ”.

Marginal Citations

M1 1969 c. 24 (N.I.).

M2 Payment of Wages Act (Northern Ireland 1970 U.K.

Marginal Citations

M2 1970 c. 12 (N.I.).

F1 21 U.K. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1 Sch. 18 para. 21 repealed by S.I. 1988/796, art. 27(2), Sch. 5 Pt. II

Private Streets (Northern Ireland) Order 1980 (S.I. 1980/1086 (N.I.12)) U.K.

22 U.K. In Article 33 (security not to be deemed prior mortgage under Building Societies Acts) of the M3 Private Streets (Northern Ireland) Order 1980 for the words from “section 32” where they first occur onwards there shall be substituted “ section 11(2)(d) or (4)(d) of the Building Societies Act 1986 ”.

Marginal Citations

M3 S.I. 1980/1086 (N.I. 12).

Housing (Northern Ireland) Order 1981 (S.I. 1981/156 (N.I.3)) U.K.

23 (1) This paragraph amends the M4 Housing (Northern Ireland) Order 1981 as follows.

(2) In Article 2(2) (interpretation) after the definition of “building regulations" there shall be inserted—

““building society” means a building society within the meaning of the Building Societies Act 1986”.

(3) For Article 155 (building society law) there shall be substituted the following section—

“155 Modifications of building society law.

So much of an advance by a building society which is partly financed under this Part or sections 445 to 449 of the Housing Act 1985 or the Home Purchase Assistance and Housing Corporation Guarantee Act 1978 as is so financed shall be treated as not forming part of the advance for the purpose of determining—

(a) whether the advance, or any further advance made within two years of the date of purchase, is beyond the powers of the society, and

(b) the classification of the advance, or any such further advance, for the purposes of Part III of the Building Societies Act 1986.”.

(4) In Article 155A (exclusion of Restrictive Trade Practices Act 1976), after “Scottish Provisions" there shall be inserted “(namely, sections 445 to 447 of the Housing Act 1985 or the Home Purchase Assistance and Housing Corporation Guarantee Act 1978)".

(5) In Article 156(5)(b) (consultations by the Department regarding forms of indemnity agreements) for “Registrar of Friendly Societies for Northern Ireland" there shall be substituted “Building Societies Commission".

(6) For paragraph 1 of Schedule 10 there shall be substituted—

“1 Building Societies.”.

Marginal Citations

M4 S.I. 1981/156 (N.I. 3).

Property (Discharge of Mortgage by Receipt) (Northern Ireland) Order 1983 (S.I. 1983/766 (N.I.9)) U.K.

24 U.K. In Article 3(10) of the M5 Property (Discharge of Mortgage by Receipt) (Northern Ireland) Order 1983, after “applies” in the definition of “mortgage” there shall be inserted “ and, subject to paragraph 2(7) of Schedule 4 to the Building Societies Act 1986, does not include a mortgage to which that paragraph 2 applies. ”.

Marginal Citations

M5 S.I. 1983/766 (N.I.9).

Housing (Northern Ireland) Order 1983 (S.I. 1983/1118 (N.I.15)) U.K.

25 U.K. In Article 3(4) of the M6 Housing (Northern Ireland) Order 1983, in the definition of “building society” for the words from “1962” onwards there shall be substituted “ 1986 ”.

Marginal Citations

M6 S.I. 1983/1118 (N.I.15).

Companies (Northern Ireland) Order 1986 U.K.

[F2 26 (1) This paragraph amends the Companies (Northern Ireland Order 1986 as follows.

(2) In Article 303(3) (disqualification orders against directors of companies; meaning of “company"), after “Part XXI" thee shall be inserted “and a building society (within the meaning of the Building Societies Act 1986).".

(3) In Article 310(3) (provision against undischarged bankrupt acting as director, etc.; meaning of “company"), after “unregistered company" there shall be inserted “, a building society (within the meaning of the Building Societies Act 1986)".]

Textual Amendments

F2 Sch. 18 para. 26 repealed (prosp.) by S.I. 1989/2404 (N.I. 18), arts. 25(3), 37, Sch. 5 Pt. I