134 Confirmation of a mergerExcept in a transfer of engagements under direction1, the Prudential Regulation Authority (PRA) must confirm a merger of building societies, unless it considers that any one or more of the following three criteria (‘the merger confirmation criteria’) apply2:134.1 some information material to the members’ decision about the merger was not made available to all the members eligible to vote3; or134.2 the vote on any resolution approving the merger does not represent the views of the members eligible to vote; or134.3 some relevant requirement of the Building
Except in a transfer of engagements under direction1, the Prudential Regulation Authority (PRA) must confirm a merger of building societies, unless it considers that any one or more of the following three criteria (‘the merger confirmation criteria’) apply2:
some information material to the members’ decision about the merger was not made available to all the members eligible to vote3; or
the vote on any resolution approving the merger does not represent the views of the members eligible to vote; or
some relevant requirement of the Building
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