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The Building Societies (Provision of Services)Order 1992

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Amendment of Schedule 8 to the Act

3.  This article amends paragraph 1 of Part II of Schedule 8 (power to provide services)(1) to the Act by substituting for sub-paragraph (b) the following new sub-paragraph–

(b)(i)to maintain a place of business in any country or territory for the purpose of providing that service unless the society also conducts the principal busi ness of a building society in that country or territory, save where that service is provided in any of the countries listed in paragraph (ii) below;

(ii)any member State, Austria, Finland, Iceland, Liechtenstein, Norway, Sweden and Switzerland,

(1)

Schedule 8 was varied by S.I.1988/1141 and amended by S.I.1989/839.

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