The Building Societies (Designation of Qualifying Bodies) (Amendment) Order 1991

• Citation: S.I. 1991/1358
• Sections: 4

Section 1 Title and Commencement

This Order may be cited as the Building Societies (Designation of Qualifying Bodies) (Amendment) Order 1991 and shall come into force on 2nd July 1991.

Section 2 Amendment of previous Order

The Building Societies (Designation of Qualifying Bodies) Order 1990 shall have effect subject to the amendments set out in the Schedule to this Order.

Section 1

In Part II of the Schedule (interpretation), in paragraph 6C(2), for paragraphs (a)and (b) there shall be substituted respectively the following paragraphs—

(a) a particular body designated by this Order or any other Order under section 18 of the Act,

(b) a body corporate of a description designated by this Order or any other Order under section 18 of the Act which is a one tier organisation, or

Section 2

In Part II of the Schedule, in paragraph 8(2)(b)—

(a) in subparagraph (ii)—

(i) for the words “within the period of twelve months beginning with the date of association” there shall be substituted the words “at any time up to and including 2nd July 1992 (but not after that date)”, and

(ii) for the words “that date” at the end of the subparagraph there shall be substituted the words “the date of association”;

(b) in subparagraph (iii), after the word “association,” insert “or”;

(c) subparagraphs (iv), (v)and (vi) shall be deleted; and

(d) in subparagraph (vii), for “(vii)” there shall be substituted “(iv)”.