3(1)A building society shall, so far as regards the carrying on of an activity which comprises provision of a banking service for the purposes of this Schedule, be treated for all purposes as a bank and a banker and as carrying on the business of banking or a banking undertaking whether or not it would be so treated apart from this paragraph.U.K.
(2)This paragraph does not affect the determination of any question as to the status of a building society as a bank or banker for other purposes.