http://www.legislation.gov.uk/uksi/1993/983/signature/made

The Building Societies Appeal Tribunal (Amendment) Regulations 1993

Building societies

King's Printer of Acts of Parliament

2016-06-03

BUILDING SOCIETIES

These Regulations amend the Building Societies Appeal Tribunal Regulations 1987. A new address to which notice of appeal to the Building Societies Appeal Tribunal is to be sent is inserted. In cases of emergency the Chairman can now direct that a preliminary hearing should be held less than 21 days after receipt of the notice of appeal. The chairman of the tribunal is now required to take into account, when making directions on discovery of evidence, the need to protect information relating to a person not a party to an appeal which is commercially sensitive or was communicated or obtained in confidence (previously he was only required to take into account whether the material was commercially sensitive). Procedural effect is given to the extension of the rights of appeal under section 46 of the Building Societies Act 1986 by the Banking Coordination (Second Council Directive) (SI. 1992/3218) Regulations to decisions of the Commission under the Regulations to refuse to give notices to UK building societies or financial institutions which are their UK subsidiaries to enable them to carry on activities in other EC member States and to impose prohibitions and restrictions on the activities which financial institutions, being UK subsidiaries of UK building societies, may carry on in the UK.