The Building Societies (Financial Assistance) Order 2010

Application of other companies insolvency legislation to building societies

This section has no associated Explanatory Memorandum

10.  Section 90A of the 1986 Act (application of other companies insolvency legislation to building societies)(1) applies in relation to a relevant building society as if—

(a)after “England and Wales” in paragraph (c) there were inserted “, Scotland”;

(b)after “receivers and managers” in that paragraph there were inserted “, receivers or administrative receivers”.

(1)

Section 90A was inserted by the Building Societies Act 1997, section 39(1).