Building Societies Act 1986

8(1)This paragraph amends the [1971 c. 80.] Banking and Financial Dealings Act 1971 as follows.

(2)In section 2(1) (power to suspend financial dealings on bank holidays) after paragraph (g) there shall be inserted— ; and

(h)a direction that, subject as aforesaid; no building society shall, on that day, except with permission so granted, effect in the course of its business any transaction or, according as may be specified in the order, a transaction of such kind as may be so specified.

(3)In section 2(6) after the definition of "authorised dealer in gold " there shall be inserted—

  • " building society " means a building society within the meaning of the Building Societies Act 1986..