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The Building Societies (Designation of Prescribed Regulatory Authorities) Order 1997
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- 1997 No. 2302
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
This Order designates the Occupational Pensions Regulatory Authority as a prescribed regulatory authority to which confidential information may be disclosed under section 53(8) of the Building Societies Act 1986. It also sets out the functions for which such information may be disclosed and the circumstances in which it may be disclosed and, subject to the consent of the Commission which is required by section 53(8), further disclosed and makes consequential amendments to the Building Societies (Designation of Prescribed Regulatory Authorities) Order 1988.
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