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Building Societies Act 1986

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Changes over time for: Cross Heading: Powers—specific services

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Point in time view as at 22/12/2004.

Changes to legislation:

Building Societies Act 1986, Cross Heading: Powers—specific services is up to date with all changes known to be in force on or before 09 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. Help about Changes to Legislation

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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