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1. This Order may be cited as the Building Societies (Prescribed Contracts) (Amendment) Order 1996 and shall come into force on 15th July 1996.
2. In the Schedule to the Building Societies (Prescribed Contracts) Order 1993(1) there shall be substituted for Part IV the provisions set out in the Schedule to this Order.
3. Nothing in this Order shall be taken to invalidate any contract effected by a building society as a prescribed contract in accordance with any Order in force under section 23(2) of the Building Societies Act 1986 at the time when the contract was effected.
In witness whereof the common seal of the Building Societies Commission is hereto fixed, and is authenticated by me, a person authorised under paragraph 14 of Schedule 1 to the Building Societies Act 1986, on
L.S.
J. Dennis
Secretary to the Commission
10th June 1996.
We consent to this Order.
D. Conway
Liam Fox
Two of the Lords Commissioners of HerMajesty’s Treasury
20th June 1996
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