# Building Societies Act 1986, Paragraph 19


(1) Section 17 of the Act (general duties of administrator) has effect as if, instead of the requirement imposed by subsection (3), it required the administrator of a building society to summon a meeting of the society’s creditors if—
(a) he is requested, in accordance with the rules, to do so by 500 of the society’s creditors, or by one-tenth, in number or value, of those creditors, or
(b) he is directed to do so by the court.
(2) That section also has effect as if it required the administrator of a building society to summon a meeting of the society’s shareholding members if—
(a) he is requested, in accordance with the rules, to do so by 500 of the society’s shareholding members, or by one-tenth, in number, of those members, or
(b) he is directed to do so by the court.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/15A/paragraph/19 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-15A/paragraph-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.