# The Building Societies (Insolvency and Special Administration) Order 2009, Article 4: Other insolvency processes


In section 88 of the 1986 Act (voluntary winding-up), in subsection (1) at the end insert—
“, but a resolution may not be passed if—
(a) the conditions in section 90D are not satisfied, or
(b) the society is in building society insolvency or building society special administration.
(1A) A resolution under subsection (1) shall have no effect without the prior approval of the court.”.

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Source: https://www.legislation.gov.uk/uksi/2009/805/article/4 (the official version)
Page: https://openlegislation.uk/building-societies-insolvency-and-special-administration-order-2009/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.