Building Societies Act 1986

Grounds for not confirming transferU.K.

11U.K.Section 98 shall apply as if—

(a)for paragraphs (a) and (b) of subsection (3) there were substituted the following paragraph—

(a)the members or a proportion of them would be unreasonably prejudiced by the transfer;;

(b)in subsection (5), for the words “paragraphs (a), (b), (c) and (d)” there were substituted the words “ paragraphs (a), (c) and (d) ”; and

(c)in subsection (6), the words “the calling of a further meeting,” were omitted.