Paragraph 4
United Kingdom
Where the business associate of the building society arranges for the provision of relevant insurance the requisite particulars of its business in any financial year are the following—
the aggregate of the amounts paid to it by the society or by way of commission by insurers in respect of relevant insurance effected by the society or by borrowers in compliance with the terms on which F1loans secured on land are made by the society; and
the aggregate amount of any fees paid to it by the society in consideration of the provision of F2administrative services to the society.
Annotations
Textual amendments
- F1
Word in Sch. 10 paras. 4, 8 substituted (1.12.1997 in specified cases and for specified purposes and otherwise in accordance with art. 2(2)(3)(5) of S.I. 1997/2668) by 1997 c. 32, ss. 43, 47(3), Sch. 7 para. 60(3); S.I. 1997/2668, art. 2, Sch. Pt. II(w)(z)(xxxvi)
- F2
Words in Sch. 10 paras. 1-8 substituted (9.6.1997) by 1997 c. 32, s. 43, Sch. 7 para. 60(1); S.I. 1997/1427, art. 2(k)(n)(xvii)