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113E+W+SThe Building Societies (Funding) and Mutual Societies (Transfers) Act 2007 is amended as follows.
114(1)Section 3 (transfers to subsidiaries of other mutuals) is amended as follows.E+W+S
(2)In subsection (10) for paragraph (c) substitute—
“(c)a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014;”.
(3)In subsection (11) for paragraph (c) substitute—
“(c)sections 112 to 114 of the Co-operative and Community Benefit Societies Act 2014;”.
115E+W+SIn section 4(5) (transfers to subsidiaries: distribution of funds) for paragraph (c) substitute—
“(c)in relation to a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, the resolution required by section 112 of that Act.”