# Building Societies Act 1986, Paragraph 9


(1) Sub-paragraphs (2) and (3) apply for the interpretation of paragraphs 1 to 8.
(2) For the purposes of paragraphs 1 and 2 a reference to a connected undertaking of the society is to any undertaking which is a connected undertaking at the time the services were rendered, and for the purposes of paragraph 4 is a reference to a connected undertaking immediately before the loss of office as a director.
(3) The following definitions apply–
(a) “pension scheme” has the meaning assigned to “retirement benefits scheme” by section 611 of the Income and Corporation Taxes Act 1988;
(b) “retirement benefits” has the meaning assigned to “relevant benefits” by section 612(1) and (2) of that Act.
(4) In paragraphs 5 and 6, references to a person being “connected” with a director, and to a director being “associated with” a body corporate, shall be construed in accordance with section 70 of this Act.

---
Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/10A/paragraph/9 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-10A/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.