SCHEDULES
SCHEDULE 20Transitional and Saving Provisions
Existing business names
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Any person who, at the commencement date for section 107, uses a name for business purposes which indicates a connection between—
a
that person, or his business, and a building society, or
b
that person, or his business, and building societies generally,
shall be deemed for the purposes of section 107 to have been given approval, under subsection (4) of that section, by the Commission for the continued use of that name.