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(1)The Treasury may by order provide—
(a)for any functions of the Building Societies Commission to be transferred to the Authority;
(b)for any functions of the Building Societies Commission which have not been, or are not being, transferred to the Authority to be transferred to the Treasury.
(2)If the Treasury consider it appropriate to do so, they may by order provide for the Building Societies Commission to cease to exist on a day specified in or determined in accordance with the order.
(3)The enactments relating to building societies which are mentioned in Part III of Schedule 18 are amended as set out in that Part.
Commencement Information
I1S. 336 wholly in force at 1.12.2001; s. 336 not in force at Royal Assent see s. 431(2); s. 336(1)(2) in force at 25.2.2001 by S.I. 2001/516, art. 2(a), Sch. Pt. 1; s. 336 in force in so far as not already in force at 1.12.2001 by S.I. 2001/3538, art. 2(1)
The Treasury may by order provide for the Building Societies Investor Protection Board to cease to exist on a day specified in or determined in accordance with the order.