SCHEDULES
C1SCHEDULE 15 Amalgamations, Transfers of Engagements and Conversion: Supplementary
Annotations:
Modifications etc. (not altering text)
Part I Provision of Information to Members
Statements relating to conversion of society into company
F14A
1
A society is to be regarded as sending a member—
a
the statement required by paragraph 1; or
b
the statement required by paragraph 3,
if it makes the statement available to the member on a website; and the end date for the purposes of section 119AB(4)(b) is the day falling 28 days after the later of the two dates referred to in section 119AB(4)(a).
2
If the statement is absent from a website for part of the period referred to in section 119AB(4), and the absence is disregarded for the purposes of section 119AB(5), that absence does not invalidate—
a
the proceedings of a meeting of the society,
b
a subsequent amalgamation of the society,
c
a transfer of engagements by or to the society, or
d
a conversion of the society into a company.
Sch. 15: power to modify conferred (16.1.2009) by Building Societies (Funding) and Mutual Societies (Transfers) Act 2007 (c. 26), ss. 3, 6(2); S.I. 2009/36, art. 2