The Building Societies (Financial Assistance) Order 2008

Application of companies winding up legislation to building societies

This section has no associated Explanatory Memorandum

9.—(1) Schedule 15 to the 1986 Act (application of companies winding up legislation to building societies) applies in relation to a relevant building society with the following modifications.

(2) In paragraph 3(2)(1), omit paragraph (b).

(3) In paragraph 33, for “subsections (2) and (4) to (6)” substitute “subsections (2), (5) and (6)”.

(4) In paragraph 55E(2), for “paragraphs (2) and (4) to (6)” substitute “paragraphs (2), (5) and (6)”.

(1)

Paragraph 3(2)(b) was substituted by the Building Societies Act 1997, section 43 and Schedule 7, paragraph 65.

(2)

Paragraph 55E was substituted, together with paragraphs 34 to 55D, by S.I. 1989/2405 (N.I. 19).