# Building Societies Act 1986, Paragraph 34A

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

In the following provisions a reference to the creditors, general creditors or unsecured creditors of a company includes a reference to every shareholding member of the building society to whom a sum due from the society in relation to the member’s shareholding is due in respect of a deposit—
(a) paragraph (1) of Article 121 (general functions of liquidator in winding up by the High Court);
(b) paragraph (3) of Article 127 (debts due from contributory to company);
(c) paragraph (4) of Article 143 (supplementary powers);
(d) paragraph (2)(b) of Article 149 (preferential debts (general provision));
(e) paragraph (1) of Article 150ZA (payment of expenses of winding up); ...
(f) paragraphs (3)(b) and (5)(a) of Article 150A (share of assets for unsecured creditors);
(g) paragraph (1)(e) of Article 350O (direct sanctions orders);
(h) paragraph (5) of Article 350Q (direct sanctions order: conditions); and
(i) paragraph (3)(e) of Article 350R (direct sanctions direction instead of order).

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Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/15/paragraph/34A (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-15/paragraph-34A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

