Part XXI Mutual Societies

Building societies

I1336 The Building Societies Commission.

1

The Treasury may by order provide—

a

for any functions of the Building Societies Commission to be transferred to the Authority;

b

for any functions of the Building Societies Commission which have not been, or are not being, transferred to the Authority to be transferred to the Treasury.

2

If the Treasury consider it appropriate to do so, they may by order provide for the Building Societies Commission to cease to exist on a day specified in or determined in accordance with the order.

3

The enactments relating to building societies which are mentioned in Part III of Schedule 18 are amended as set out in that Part.