Commentary

178 Notice of voluntary winding up

BUILDING SOCIETIES vol 6(1)
| Commentary

178 Notice of voluntary winding up

| Commentary

178 Notice of voluntary winding up

Within 15 days of the passing of a special resolution for the voluntary winding up of a building society, the society must send a copy of such resolution to the Financial Services Authority (FSA)1. The FSA must keep the copy in the public file2 of the society3. A copy of such resolution must also be annexed to every copy of the memorandum or of the rules issued after the passing of the resolution4.

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