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Building Societies Act 1986
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Changes over time for: Paragraph 2
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- 01/02/1991- Amendment
- 22/07/2004- Amendment
- 22/12/2004
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Building Societies Act 1986, Paragraph 2 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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2U.K.Paragraph 1 above shall not be taken to prevent—
(a)the power to provide banking services from conferring the power—
(i)to arrange the taking of deposits,
(ii)to arrange the lending of money, and
(iii)to arrange the bailment of leasable chattels,
(b)the power to provide investment services from conferring the power to arrange the acquisition or holding of relevant investments, or
(c)the power to provide insurance services from conferring the power to arrange the provision of insurance of any description.
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