Building Societies Act 1997

[F15(1)In subsection (5) of section 25 of the 1986 Act (the Investor Protection Fund), in the definition of “the expenses attributable to the insolvency” for the words “paragraphs (a) to (d)” there shall be substituted the words “ paragraphs (a) to (c) ”.

(2)In subsection (7) of that section, after the word “authorises” there shall be inserted the words “ the Bank of England or ”.]

Textual Amendments

F1Sch. 7 para. 5 shall cease to have effect (17.8.2001 for specified purposes and otherwiseprosp.) by virtue of S.I. 2001/2617, arts. 2(a), 13(1), Sch. 3 Pt. II para. 213(f) and is repealed (prosp.) by S.I. 2001/2617, arts. 2(a), 13(2), Sch. 4