Article 2 Interpretation

In this Order—

• “the Act” means the Building Societies Act 1986;

• “transitional meeting”, in relation to a society, means a meeting of the society held before its rules in effect—

  1. (a)

     contain all the alterations required by paragraph 3(1)(b) or directed under paragraph 4(2) of Schedule 20 to the Act (which contains transitional provisions), or

  2. (b)

     where they do not contain all those alterations, contain alterations which—

     1. (i)

        have been made for the purpose of conformity with the Act, and

     2. (ii)

        provide for the giving of notices of, and voting at, meetings of that society; and

• “society” means a building society.