Commentary

97 Transfers of engagements

BUILDING SOCIETIES vol 6(1)
| Commentary

97 Transfers of engagements

| Commentary

97 Transfers of engagements

A building society may transfer its engagements, to any extent, to another building society which undertakes to fulfil those engagements1. The extent of the transfer of engagements must be set out in an Instrument of transfer of engagements2.

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