1996 No. 2989
The Building Societies (Designated Capital Resources) (Amendment) Order 1996
Made
Laid before Parliament
Coming into force
The Building Societies Commission, with the consent of the Treasury, in exercise of the powers conferred on it by section 45(5) of the Building Societies Act 19861 hereby makes the following Order:—
Title and commencement1
This Order may be cited as the Building Societies (Designated Capital Resources) (Amendment) Order 1996 and shall come into force on 1st January 1997.
Amendment of principal Order2
The Building Societies (Designated Capital Resources) Order 19922 shall be amended as follows—
a
article 4 shall be omitted; and
b
in article 7(1), the words “internally audited interim profit”, in both places where they occur, shall be omitted.
In witness whereof the common seal of the Building Societies Commission is hereunto fixed, and is authenticated by me, a person authorised under paragraph 14 of Schedule 1 to the Building Societies Act 1986, on
We consent to this Order
(This note is not part of the Order)