# Building Societies Act 1986, Paragraph 2

Extent: E+W+S+N.I.

(1) The consent of the appropriate authority shall be sufficient authority for the provision for any such compensation as is mentioned in section 96(1)(a).
(2) A resolution of the board of directors passed in pursuance of the direction shall be sufficient authority for any such payments as are mentioned in section 96(1)(b).

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Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/8A/paragraph/2 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-8A/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.