Citation and commencement1.
These Regulations may be cited as the Building Societies (Contents of Accounts) Regulations 1999 and shall come into force on 23rd March 1999.
Interpretation2.
In these Regulations–
“the 1986 Act” means the Building Societies Act 1986; and
Amendments3.
The 1986 Act and the 1998 Regulations are amended as specified in the Schedule.
Transitional provision4.
A building society shall prepare, with respect to a financial year which ends after the operative date of the 1998 Regulations for it under regulation 12(6) of those Regulations and before 23rd March 1999, the statement of the source and application of funds which it would have been required to prepare had these Regulations not been made.
In witness whereof the common seal of the Building Societies Commission is hereto affixed, and is authenticated by me, a person authorised under paragraph 14 of Schedule 1 to the Building Societies Act 1986, on
We consent to this Order.