Alliance & Leicester plc (Group Reorganisation) Act 2000

17Application of section 101 of Building Societies Act 1986

It is hereby declared for the avoidance of doubt that the vesting of an undertaking of a transferor in A&L by virtue of this Act is not an acquisition of the undertaking by A&L for the purpose of section 101(4) of the [1986 c. 53.] Building Societies Act 1986.