Building Societies Act 1986

Valuers and surveyors

2 Where the business associate of the building society provides the services of surveying and valuing property the requisite particulars of its business in any financial year are the following—

(a) the number of cases in which it has, in respect of any land which is to secure an advance, surveyed the land or provided a valuation of it on behalf of the society or the borrower or both;

(b) the number of cases in which it has, on behalf of the society (but not the borrower), surveyed any land which is to secure an advance or provided the society with a valuation of it;

(c) the aggregate amount of the fees paid to it by the society or by or on behalf of the borrower for the provision of the services falling within sub-paragraphs (a) and (b) above;

(d) the aggregate of the amounts paid to it by the society by way of commission for its having introduced investment business to the society ;

(e) the aggregate amount of any fees paid to it by the society in consideration of the provision of surveying or valuing services ha respect of any property held by the society under section 6, 10, 17 or 19 ;

(f) the aggregate amount of any fees paid to it by the society in consideration of the provision of management services to the society.