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SCHEDULE 3ENACTMENTS AMENDED

PART IIBUILDING SOCIETIES

Amendments to the Building Societies Act 1986

168.  In section 76(1)—

(a)in subsection (3) for the words “Commission may, by regulations made with the consent of the Treasury,” there is substituted “Treasury may by regulations”,

(b)for subsection (8) there is substituted—

(8) Not later than 21 days before the date of the annual general meeting at which the accounts and reports are to be considered, the society shall send one copy of the documents to which this subsection applies to every member of the society who is entitled to receive notice of the meeting, and two copies of the documents to which this subsection applies to the Authority.

(8A) The documents to which subsection (8) applies are—

(a)the summary financial statement, and

(b)where subsection (8) extends under section 78(6) to the auditors' report also, the auditors' report., and

(c)in subsection (12) for the words “central office shall keep the copy” there is substituted “Authority shall keep one of the copies”.

(1)

Section 76 was amended by the Building Societies Act 1997, Schedule 7 paragraph 33.