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The Banking Coordination (Second Council Directive) Regulations 1992
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5.—(1) Section 46 of the Building Societies Act (rights of appeal) shall have effect as if—
(a)the decisions mentioned in subsection (1) included a decision of the Commission to impose or vary a restriction; and
(b)in relation to such a decision, the reference in that subsection to a building society included a reference to a UK subsidiary.
(2) Section 47 of that Act(1) (determination of appeals) shall have effect as if it included provision enabling the tribunal to vary any decision of the Commission to impose or vary a restriction by directing the Commission to impose a different restriction or make a different variation.
(1)
1986 c. 53; section 47(3) has been amended by paragraph 68 of Schedule 10 to the Courts and Legal Services Act 1990 (c. 41).
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