# Building Societies Act 1986, Paragraph 29


Article 14 of the Order (proposals for voluntary arrangements) has effect as if—
(a) it required any proposal under Part II of the Order to be so framed as to enable a building society to comply with the requirements of this Act; and
(b) any reference to debts included a reference to liabilities owed to the holders of shares in a building society.

---
Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/15A/paragraph/29 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-15A/paragraph-29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

