The Building Societies (Insolvency and Special Administration) Order 2009

General mode of application and interpretation

3.  Where a provision of Part 2 or 3 of the 2009 Act applies a provision of the Insolvency Act 1986 or the Companies Act 2006(1), the provision so applied has effect in relation to building societies with the following modifications—

(a) for “articles” substitute “rules”;

(b) for “company” substitute “building society”;

(c) for “registered office” substitute “principal office”;

(d) for “registrar of companies” or “registrar” substitute “FSA”;

(e) for “resolution for voluntary winding up” substitute “resolution passed under section 88(1) of the Building Societies Act 1986”;

(f) every reference to a company registered in Scotland has effect as a reference to a building society whose principal office is situated in Scotland;

(g) every reference to the officers, or to a particular officer, of a company has effect as a reference to the officers, or to the corresponding officer, of the building society and as including a person holding himself out as such an officer;

(h) every reference to a voluntary arrangement under Part 1 of the Insolvency Act 1986 has effect as a reference to a voluntary arrangement under that Part as applied in relation to building societies by section 90A of, and Schedule 15A to, the Building Societies Act 1986;

(i) any requirement to send a notice or other document, or make a report, to the registrar of companies, has effect as a requirement to send that notice or document, or make that report, to the FSA and for the FSA to place it on the public file of the society concerned.

(1)

2006 c. 46.