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SCHEDULE 1U.K.Consequential amendments and transitional provision relating to the adoption of international accounting standards in the United Kingdom

PART 1U.K.Amendments to Primary Legislation

CHAPTER 2U.K.Amendments to other primary legislation

36.  In Schedule 2 (establishment, incorporation and constitution of building societies), in paragraph 31(2)(a) (members' right to propose and circulate resolutions: the requisite number of members) M1, for “international accounting standards” substitute “ UK-adopted international accounting standards ”.U.K.

Commencement Information

I1Sch. 1 para. 36 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

Marginal Citations

M1Paragraph 31(2)(a)(i) was substituted by S.I. 1997/2840, and amended by S.I. 1999/3033 and 2004/3380.