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Article 2 Specification of sums for the purposes of sections 15(7) and 16(8) of the Building Societies Act 1986

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The sum specified for the purposes of section 15(7) (limit on mobile home loans to any one individual) of the Building Societies Act 1986 shall be £15,000.

(2)

The sum specified for the purposes of section 16(8) (limit on loans to any one individual) of the Building Societies Act 1986 shall be £10,000.