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Building Societies Act 1997

Building Societies Act 1997 Sch 7 para 44

Sch 7 para 44

(1) In subsection (1) of section 96 (mergers: compensation for loss of office etc.)— (a) in paragraph (a), for the words “the resolution” there shall be substituted the words “ one of the two resolutions ” ; and (b) in paragraph (b), for the words “the special resolution” there shall be substituted the words “ the two resolutions ” . (2) In subsection (4) of that section, for the words “the special resolution”, in both places where they occur, there shall be substituted the words “ each of the two resolutions ” . (3) In subsection (6) of that section, for the words “a special resolution of the society” there shall be substituted the words “ the two resolutions required by section 94(5)(a) ” . (4) In subsection (8) of that section, in the definition of “ loss of office ”, for the words “a subsidiary of that society or in an associated body” there shall be substituted the words “ any other body ” .

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