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19(1)In Schedule 2A to the Building Societies Act 1986, paragraph 1 is amended as follows.
(2)In sub-paragraph (2), for “charge or incumbrance registered under the Land Registration Act 1925” there is substituted “registered charge (within the meaning of the Land Registration Act 2002)”.
(3)Sub-paragraph (4) ceases to have effect.
(4)In sub-paragraph (5), the definition of “registered land” and the preceding “and” cease to have effect.