146. In section 42C(1)—
(a)for the side-note there is substituted “Variation and revocation of transfer directions”,
(b)in subsection (1)—
(i)the words “shall be given by notice in writing and” are omitted, and
(ii)for the word “Commission”, there is substituted “Authority”, and
(c)subsections (2) and (3) are omitted.
(1)
Section 42C was inserted by the Building Societies Act 1997, section 18.