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Building Societies Act 1986
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- UK Public General Acts
- 1986 c. 53
- SCHEDULE 8
- Part IV
- Powers—specific services
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Building Societies Act 1986, Cross Heading: Powers—specific services is up to date with all changes known to be in force on or before 26 November 2024. 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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Powers—specific servicesU.K.
2U.K.Without prejudice to the general scope of any service specified in Part I of this Schedule—
(a)the power to provide banking services includes power,
(i)to administer the issue of, and payments in respect of, shares or corresponding membership rights in bodies corporate or transferable instruments and to register the transfer or cancellation of such shares, rights or instruments, and
(ii)to provide advice on taxation and financial planning,
(b)the power to provide investment services includes power to provide advice on taxation and financial planning,
(c)the power to provide the service of executorship includes power—
(i)to act as administrator of the estates of deceased persons, and
(ii)to assist in the making of wills, and
(d)the power to provide land services includes power to carry out the removal and storage of furniture.
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