# Building Societies Act 1986, Paragraph 7

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

(1) The Commission may withdraw its recognition of a scheme if it appears to the Commission that—
(a) the scheme does not conform to the relevant requirements; or
(b) the scheme is so operated as not to conform to those requirements.
(2) Withdrawal of recognition of a scheme under this paragraph may operate in relation to the scheme as a whole or to the extent to which the scheme makes one or more relevant services subject to investigation under it.

---
Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/13/paragraph/7 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-13/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.