Building Societies Act 1986

[F124U.K.Subsection (1) of section 27 of the Act (protection of interests of creditors and members) has effect—

(a)as if it enabled the [F2[F3FCA, the PRA] or the scheme manager] to apply to the court by petition for an order under that section; and

(b)in relation to an application by the [F4[F3FCA, the PRA] or the scheme manager], as if the words “(including at least himself)” were omitted.]

Textual Amendments

F1Sch. 15A inserted (1.12.1997) by 1997 c. 32, s. 39(2), Sch. 6; S.I. 1997/2668, art. 2, Sch. Pt. I(i)

F2Words in Sch. 15A para. 24(a) substituted (17.8.2001 for certain purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8, 13(1), Sch. 3 Pt. II para. 210(j) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2

F4Words in Sch. 15A para. 24(b) substituted (17.8.2001 for certain purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8, 13(1), Sch. 3 Pt. II para. 210(k) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2