Statutory Instruments
BUILDING SOCIETIES
Made
23rd December 1998
Laid before Parliament
24th December 1998
Coming into force
1st March 1999
The Building Societies Commission, with the consent of the Treasury, in exercise of the powers conferred on it by paragraphs 10A(3) and 10C(6) of Schedule 2 to the Building Societies Act 1986(1), hereby makes the following Regulations:
1. These Regulations may be cited as the Building Societies (Business Names) Regulations 1998 and shall come into force on 1st March 1999.
2.—(1) In these Regulations “the Act” means the Building Societies Act 1986 and “the Schedule” means the Schedule to these Regulations.
(2) Where a word or expression is specified in the Schedule, plural and possessive forms of that word or expression shall be taken to be similarly specified.
3. The words and expressions stated in column (1) of the Schedule are hereby specified as words and expressions for the use of which as or as part of a building society’s business name the approval of the Commission is required by paragraph 10A(2) of Schedule 2 to the Act.
4. Subject to regulation 5, each Government department or other body stated in column (2) of the Schedule is hereby specified as the relevant body for the purposes of paragraph 10A(4) of Schedule 2 to the Act in relation to the word or expression opposite to it in column (1) of the Schedule.
5. Where an entry in column (2) of the Schedule names more than one Government department or other body–
(a)in the case of a building society whose principal office is in Scotland, any department or body before whose name the words “(in Scotland)” appear shall be taken to be specified to the exclusion of any other department or body named in the entry;
(b)in the case of a building society whose principal office is in Northern Ireland,
(i)any department or body before whose name the words “(in Northern Ireland)” appear shall be taken to be specified to the exclusion of any other department or body named in the entry; and
(ii)where there is no department or body before whose name the words “(in Northern Ireland)” appear, the department or body named in the entry other than one preceded by the words “(in Scotland)” in the entry shall be taken to be specified to the exclusion of such other department or body named in the entry; and
(c)in the case of a building society whose principal office is in England or Wales, the department or body named in the entry other than one preceded by the words “(in Scotland)” or “(in Northern Ireland)” shall be taken to be specified to the exclusion of any such department or body named in the entry.
In witness whereof the common seal of the Building Societies Commission is hereto fixed, and is authenticated by me, a person authorised under paragraph 14 of Schedule 1 to the Building Societies Act 1986, on
L.S.
G.S. Johnson
Secretary to the Commission
18th December 1998.
We consent to these Regulations.
Clive Betts
Jim Dowd
Two of the Lords Commissioners of Her Majesty’s Treasury
23rd December 1998
Regulations 3 to 5
| Column (1) | Column (2) |
|---|---|
| Word or expression | Relevant body |
| Abortion | Department of Health |
| Apothecary | Worshipful Society of Apothecaries of London or Pharmaceutical Society of Great Britain |
| Association | |
| Assurance | |
| Assurer | |
| Authority | |
| Benevolent | |
| Board | |
| British | |
| Chamber of Commerce | |
| Chamber of Commerce, Training and Enterprise | |
| Chamber of Industry | |
| Chamber of Trade | |
Charitable Charity | The Charity Commission or (in Scotland) the Scottish Office Home Department or (in Northern Ireland) the Department of Health and Social Services for Northern Ireland |
| Charter | |
| Chartered | |
| Contact Lens | General Optical Council |
| Co-operative | |
| Council | |
Dental Dentistry | General Dental Council |
| District Nurse | The United Kingdom Central Council for Nursery, Midwifery and Health Visiting or the National Boards for Nursery, Midwifery and Health Visiting |
| Duke | The Home Office or (in Scotland) the Scottish Office Home Department |
| England | |
| English | |
| European | |
| Federation | |
| Friendly Society | |
| Foundation | |
| Fund | |
| Giro | |
| Great Britain | |
| Group | |
Health Centre Health Service | Department of Health |
| Health Visitor | The United Kingdom Central Council for Nursery, Midwifery and Health Visiting or the National Boards for Nursery, Midwifery and Health Visiting |
Her Majesty His Majesty | The Home Office or (in Scotland) the Scottish Office Home Department |
| Holding | |
| Industrial and Provident Society | |
| Institute | |
| Institution | |
| Insurance | |
| Insurer | |
| International | |
| Ireland | |
| Irish | |
| King | The Home Office or (in Scotland) the Scottish Office Home Department |
Midwife Midwifery | The United Kingdom Central Council for Nursery, Midwifery and Health Visiting or the National Boards for Nursery, Midwifery and Health Visiting |
| National | |
| Northern Ireland | |
| Northern Irish | |
Nurse Nursing | The United Kingdom Central Council for Nursery, Midwifery and Health Visiting or the National Boards for Nursery, Midwifery and Health Visiting |
| Patent | |
| Patentee | |
| Police | The Home Office or (in Scotland) the Scottish Office Home Department |
| Polytechnic | The Department for Education and Employment or (in Scotland) the Scottish Office Education and Industry Department or (in Northern Ireland) the Department of Education for Northern Ireland |
| Post Office | |
| Pregnancy Termination | The Department of Health |
Prince Princess Queen | The Home Office or (in Scotland) the Scottish Office Home Department |
| Reassurance | |
| Reassurer | |
| Register | |
| Registered | |
| Reinsurance | |
| Reinsurer | |
Royal Royale Royalty | The Home Office or (in Scotland) the Scottish Office Home Department |
| School | The Department for Education and Employment or (in Scotland) the Scottish Office Education and Industry Department or (in Northern Ireland) the Department of Education for Northern Ireland |
| Scotland | |
| Scottish | |
| Society | |
| Stock Exchange | |
| Trade Union | |
| Trust | |
| United Kingdom | |
| University | The Privy Council |
| Wales | |
| Welsh | |
| Windsor | The Home Office or (in Scotland) the Scottish Office Home Department |
(This note is not part of the Regulations)
These Regulations specify certain words and expressions for the purposes of paragraph 10A of Schedule 2 to the Building Societies Act 1986 (which relates to the use of business names by building societies). Under the provisions of that paragraph the approval of the Building Societies Commission is required for the use of words and expressions so specified in a building society’s business name. The Regulations also specify government departments and other bodies who must be given an opportunity to comment in accordance with that paragraph before approval for the use of certain names can be given.
1986 c. 53; paragraphs 10A and 10C of Schedule 2 were inserted by section 36(4) of the Building Societies Act 1997 (c. 32).