# Building Societies Act 1986, Paragraph 53


Article 349 of the Order (persons not qualified to act as insolvency practitioners) has effect as if for paragraph (2) there were substituted—
“(2) A person is not qualified to act as an insolvency practitioner in relation to a building society at any time unless at that time the person is fully authorised to act as an insolvency practitioner or partially authorised to act as an insolvency practitioner only in relation to companies.”.

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