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Building Societies Act 1997
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29(1)In subsection (3)(c) of section 71 of the 1986 Act (accounting records and systems of business control etc.), for the words “any provision of Part II or Part III” there shall be substituted the words “section 6 or 7”.
(2)In subsection (6) of that section, for the words “statement in writing” there shall be substituted the word “record”.
(3)In subsection (10) of that section, for the following, namely—
(a)the words “subsidiary undertakings or other associated bodies linked by resolution”;
(b)the words “subsidiary undertakings or other associated bodies”; and
(c)the words “subsidiary undertakings and other associated bodies”,
there shall be substituted the words “connected undertakings”.
(4)Subsection (10A) of that section shall cease to have effect.
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