# Building Societies Act 1986, Section 89A: Building society insolvency as alternative order

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

(1) On a petition for a winding up order or an application for an administration order in respect of a building society the court may, instead, make a building society insolvency order (under section 94 of the Banking Act 2009 as applied by section 90C below).
(2) A building society insolvency order may be made under subsection (1) only—
(a) on the application of the appropriate authority made with the consent of the Bank of England, or
(b) on the application of the Bank of England.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/section/89A (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/section-89A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.