Consequential amendments to the Building Societies Act 1986
This section has no associated Explanatory Memorandum
11. In section 119 of the 1986 Act (interpretation), in subsection (1), after the definition of “building society” insert—
““building society insolvency”, “building society insolvency order” and “building society liquidator” shall be construed in accordance with Part 2 of the Banking Act 2009 as applied with modifications by section 90C above;
“building society special administration”, “building society special administration order” and “building society special administrator” shall be construed in accordance with Part 3 of the Banking Act 2009 as applied with modifications by section 90C above;”.