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Section 90A Application of other companies insolvency legislation to building societies.C1F1

United Kingdom

For the purpose of—

(a)

enabling voluntary arrangements to be approved in relation to building societies,

(b)

enabling administration orders to be made in relation to building societies, and

(c)

making provision with respect to persons appointed in England and Wales F2, Scotland or Northern Ireland as receivers and managers F3, or receivers, of building societies’ property,

the enactments specified in paragraph 1(2) of Schedule 15A to this Act shall apply in relation to building societies with the modifications specified in that Schedule.

Annotations

Textual amendments

F1

S. 90A inserted (1.12.1997) by 1997 c. 32, s. 39(1); S.I. 1997/2668, art. 2, Sch. Pt. I(i)

F2

Word in s. 90A(c) inserted (with application in accordance with art. 1(4) of the amending S.I.) by The Building Societies (Floating Charges and Other Provisions) Order 2016 (S.I. 2016/679), arts. 1(1), 3(a)

F3

Words in s. 90A(c) inserted (with application in accordance with art. 1(4) of the amending S.I.) by The Building Societies (Floating Charges and Other Provisions) Order 2016 (S.I. 2016/679), arts. 1(1), 3(b)

Modifications

C1

S. 90A applied (with modifications) (7.4.2010) by The Building Societies (Financial Assistance) Order 2010 (S.I. 2010/1188), arts. 1(2), 10 (as amended (with application in accordance with art. 1(4) of the amending S.I.) by The Building Societies (Floating Charges and Other Provisions) Order 2016 (S.I. 2016/679), art. 1(1)(2), 5(2))