SCHEDULES

SCHEDULE 8 Powers to Provide Services

Part III Restrictions In Relation To Certain Services

Land services

4

In relation to the power to provide land services—

a

the carrying on of estate agency work is restricted to carrying on by a subsidiary or other associated body of a building society,

b

removal and storage of furniture is restricted to removal and storage by a subsidiary or other associated body of a building society which society has a qualifying asset holding,

c

management of land is restricted to management by a building society which has a qualifying asset holding,

d

management of land is restricted to land which is or is to be used primarily for residential purposes or for purposes incidental to the use of adjoining land under the same management which is or is to be used primarily for residential purposes,

e

arranging the management of land is restricted to land which is or is to be used primarily for residential purposes or for purposes incidental to the use of adjoining land under the same management which is or is to be used primarily for residential purposes,

f

development of land is restricted to development by a building society which has a qualifying asset holding,

g

development of land is restricted to land which is to be used primarily for residential purposes or for purposes incidental to the use of adjoining land developed by the developer which is or is to be used primarily for residential purposes,

h

development of land is restricted to land of a local authority in Great Britain or of a development corporation or land which is charged in favour of the developer of the land to secure repayment of the costs of development, and

i

arranging the development of land is restricted to land which is to be used primarily for residential purposes or for purposes incidental to the use of adjoining land developed by the developer which is or is to be used primarily for residential purposes.