# Building Societies Act 1986, Paragraph 1

Extent: E+W+S+N.I.

The operation or termination of a share account and the grant or refusal to grant a shareholder other facilities normally available to shareholders of his description.
Note: The operation or termination of a share account includes any aspect of the relationship or termination of the relationship between the society and a shareholder as such and in particular the operation or termination of any services incidental to such accounts.
Note: The grant of facilities includes the terms on which they are granted.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/12/part/II/crossheading/share-accounts/paragraph/1 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-12/part-II/crossheading-share-accounts/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.