{
  "url": "https://openlegislation.uk/building-societies-insolvency-and-special-administration-order-2009/schedule-1/paragraph-32",
  "json_url": "https://openlegislation.uk/building-societies-insolvency-and-special-administration-order-2009/schedule-1/paragraph-32.json",
  "legislation": "uksi/2009/805",
  "legislation_title": "The Building Societies (Insolvency and Special Administration) Order 2009",
  "legislation_url": "https://openlegislation.uk/building-societies-insolvency-and-special-administration-order-2009",
  "path": "schedule/1/paragraph/32",
  "kind": "paragraph",
  "number": "32",
  "heading": "Multiple transfers",
  "text": "(1) In section 152 of the 2009 Act (property transfer from temporary public ownership), in subsection (1)—\n(a) for paragraph (a) substitute—\n“(a) make an order under section 85 (temporary public ownership) in respect of a building society, and”;\n(b) in paragraph (b) for “(or from another bank which is or was in the same group as the bank)” substitute “(or from a bank which is or was in the same group as the building society”).\n(2) Where the Treasury make an order under section 85 in respect of a building society, and later make a property transfer order from a bank which was in the same group as the building society, Part 3 of the 2009 Act, and any subordinate legislation made under that Part, applies to the transferor bank without the modifications made by section 90C of the Building Societies Act 1986 and this Order.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
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      "affecting_title": "The Financial Services Act 2012 (Mutual Societies) Order 2013"
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    {
      "type": "word substituted",
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      "affecting_title": "The Financial Services Act 2012 (Mutual Societies) Order 2013"
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    },
    {
      "type": "inserted",
      "affecting": "uksi/2014/3344",
      "affecting_title": "The Building Societies (Bail-in) Order 2014"
    },
    {
      "type": "substituted",
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      "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2017/400",
      "affecting_title": "The Deregulation Act 2015, the Small Business, Enterprise and Employment Act 2015 and the Insolvency (Amendment) Act (Northern Ireland) 2016 (Consequential Amendments and Transitional Provisions) Regulations 2017"
    },
    {
      "type": "inserted",
      "affecting": "uksi/2017/400",
      "affecting_title": "The Deregulation Act 2015, the Small Business, Enterprise and Employment Act 2015 and the Insolvency (Amendment) Act (Northern Ireland) 2016 (Consequential Amendments and Transitional Provisions) Regulations 2017"
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  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/805/schedule/1/paragraph/32",
    "retrieved_at": "2026-10-29T03:14:02.365613+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}