# Building Societies Act 1986, Paragraph 6


(1) A building society which, at the commencement date for section 9 is authorised to raise money and accept deposits under—
(a) the Building Societies (Authorisation) Regulations 1981, or
(b) the Building Societies (Authorisation) Regulations (Northern Ireland) 1982,
shall be treated, whether or not the requirements of subsection (4) of section 9 would be fulfilled in its case, at the commencement of that section as authorised for the purposes of this Act (in particular Part VI).
(2) The central office shall record in the public file of each building society to which sub-paragraph (1) above applies the fact that, by virtue of that sub-paragraph, the society is to be treated as authorised for the purposes of this Act.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/20/paragraph/6 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-20/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.