# Building Societies Act 1986, Paragraph 27F


Chapter 4 of Part 3 of the Act (prohibition of appointment of administrative receiver), as applied to a building society, has effect as if—
(a) in section 72A (floating charge holder not to appoint administrative receiver)—
(i) in subsections (1) and (2) the word “qualifying” and in subsection (3) the definition of “holder of a qualifying floating charge in respect of a company’s property” were omitted; and
(ii) subsections (4)(a), (5) and (6) were omitted; and
(b) sections 72B to 72H (exceptions to prohibition) were omitted.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/15A/paragraph/27F (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-15A/paragraph-27F
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.