SCHEDULE 1AMENDMENTS COMING INTO FORCE ON 6TH APRIL 2008

PART 2OTHER AMENDMENTS

Building Societies Act 1986 (c.53)108

1

Section 119(1) of the Building Societies Act 1986 (interpretation) is amended as follows.

2

For the definition of “associated undertaking”143 substitute—

  • “associated undertaking” has the meaning given by section 119A;

3

Omit the definition of “subsidiary undertaking”144.

4

At the appropriate place insert—

  • “undertaking” and “subsidiary undertaking” have the same meaning as in the Companies Acts (see sections 1161(1) and 1162 of, and Schedule 7 to, the Companies Act 2006);