11(1)A building society may change its pricipal office—U.K.
(a)in such manner as its rules direct, or
(b)if there is no such direction in the rules, [F1by an ordinary resolution].
(2)Notice of any such change and of the date of it shall, within seven days after the change, be sent to the [F2Authority] and the [F2Authority] shall keep the notice in the public file of the society.
(3)It is not necessary to alter the memorandum or rules of a building society by reason only that its principal office is changed.
(4)If a building society fails to send to the [F2Authority] a notice which it is required to send to it under sub-paragraph (2) above, the society shall be liable on summary conviction to a fine not exceeding level 4 on the standard scale and so shall any officer who is also guilty of the offence.
Textual Amendments
F1Words in Sch. 2 Pt. I para. 11(1)(b) substituted (9.6.1997) by 1997 c. 32, s. 43, Sch. 7 para. 56(9); S.I. 1997/1427, art. 2(k)(n)(xv)
F2Words in Sch. 2 para. 11(2)(4) 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. 200(a) (with S. 13(3), Sch. 5); S.I. 2001/3538, art. 2