# Building Societies Act 1997, Paragraph 31


In subsection (2) of section 74 of the 1986 Act (duty of directors to prepare annual business statement), for the words “subsidiary undertakings or associated bodies”, in both places where they occur, there shall be substituted the words “ connected undertakings ”.

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Source: https://www.legislation.gov.uk/ukpga/1997/32/schedule/7/paragraph/31 (the official version)
Page: https://openlegislation.uk/building-societies-act-1997/schedule-7/paragraph-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.