# The Building Societies (Insolvency and Special Administration) Order 2009, Paragraph 15: Termination of process, &c.


In section 114 of the 2009 Act (administration)—
(a) in subsection (1), for “(under paragraph 38 of Schedule B1 to the Insolvency Act 1986)” substitute “(under section 9 of the Insolvency Act 1986 as applied in relation to building societies by section 90A of, and Schedule 15A to, the Building Societies Act 1986)”;
(b) in subsection (4), for “the rescue of the bank as a going concern” substitute “the survival of the building society, and the whole or any part of its undertaking, as a going concern”.

---
Source: https://www.legislation.gov.uk/uksi/2009/805/schedule/1/paragraph/15 (the official version)
Page: https://openlegislation.uk/building-societies-insolvency-and-special-administration-order-2009/schedule-1/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.