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The Building Societies (Insolvency and Special Administration) Order 2009

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3.  The modifications to the Banking Act 2009 (Parts 2 and 3 Consequential Amendments) Order 2009 (in addition to the modifications set out in paragraph 2) are—

(a)references to “bank insolvency”, “bank insolvency order” and “bank liquidator” are references to “building society insolvency”, “building society insolvency order” and “building society liquidator”;

(b)ignore article 4 (Finance (No 2) Act 1992);

(c)ignore article 5 (Financial Services and Markets Act 2000);

(d)ignore article 6 (Companies Act 2006);

(e)in article 7 (Dormant Bank and Building Society Accounts Act 2008), for “bank which is a bank within the meaning of section 91 of the 2009 Act” substitute “building society within the meaning of section 119 of the Building Societies Act 1986”;

(f)in the Schedule, ignore any enactment which does not apply in relation to building societies.

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