Schedule 4 PROVISIONS OF THE ACT COMING INTO OPERATION ON 1ST JANUARY 1988
| PROVISION OF THE ACT | SUBJECT-MATTER OF PROVISION |
|---|---|
| Section 18, so far as it empowers building societies to invest in or support corresponding European bodies. | Power to invest in subsidiaries and other associated bodies. |
| Section 36(5), (6), (8), (9), (11)(b), (c), (e) and (f) and (12). | Powers in event of breach of limits on certain assets and liabilities. |
| Sections 86 to 92, except as is specified for section 90 in Schedule 2 to this Order. | Dissolution and winding up. |
| Sections 97 to 102. | Transfer of business to commercial company. |
| Section 103(1), except as is specified in Schedule 2 to this Order. | Cancellation of registration. |
| Section 120(2), so far as it relates to the repeal of any provision in— (i) the 1874 Act, (ii) the 1894 Act, or (iii) Schedule 5 to the 1960 Act, or of Part VII (dealing with dissolution and winding up) of the 1962 Act and the 1967 Act respectively. | Repeals and revocations. |
| Schedule 2, paragraph 30. | Transfer resolutions. |
| Schedule 15, except as is specified in Schedule 2 to this Order. | Application of companies winding up legislation to building societies. |
| Schedule 17. | Transfers of business: supplementary provisions. |
| Schedule 19, so far as is also specified for section 120(2) in this Schedule. | Repeals and revocations. |