Commentary

21 Obligations on existing building society further to amend memorandum and rules

BUILDING SOCIETIES vol 6(1)
| Commentary

21 Obligations on existing building society further to amend memorandum and rules

| Commentary

21 Obligations on existing building society further to amend memorandum and rules

The effect of the Building Societies Act 1997 was that a building society had further to amend its memorandum and rules to secure compliance with the Building Societies Act 1986 Section 5 and Schedule 2 Paragraphs 5, 6, 29 as amended. The necessary amendments had to be made before the end of a transitional period beginning with the commencement of the Building Societies Act 1997 Sections 1 and 21 and ending on a day prescribed by the Building Societies Commission by statutory instrument made with the consent of

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