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,”