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The Building Societies (Members' Requisitions) Order 1999

S.I. 1999/3031 · Made 9 November 1999

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

BUILDING SOCIETIES

Made 9th November 1999

Laid before Parliament 10th November 1999

Coming into force 1st December 1999

The Building Societies Commission, with the consent of the Treasury, in exercise of the powers conferred on it by paragraph 20A(13) of Schedule 2 to the Building Societies Act 1986f1, hereby makes the following Order:

Annotations to the whole text

Footnotes

f1

1986 c. 53; paragraph 20A of Schedule 2 was inserted by section 25 of the Building Societies Act 1997 (c. 32).

Contents

  1. 1Citation and commencement
  2. 2Amendment of Schedule 2 to the Building Societies Act 1986
  3. Signature
  4. Explanatory note

1Citation and commencement

This Order may be cited as the Building Societies (Members' Requisitions) Order 1999 and shall come into force on 1st December 1999.

2Amendment of Schedule 2 to the Building Societies Act 1986

In paragraph 20A(2) of Schedule 2 to the Building Societies Act 1986 (special meeting on members' requisition) for “100” there is substituted “500”.

Signature

In witness whereof the common seal of the Building Societies Commission is hereunto affixed, and is authenticated by me, a person authorised under paragraph 14 of Schedule 1 to the Building Societies Act 1986, on 5th November 1999.

L.S.

G. S. Johnson

Secretary of the Commission

We consent to this Order.

Jim Dowd

Bob Ainsworth

Two of the Lords Commissioners of Her Majesty’s Treasury

9th November 1999

Explanatory note

(This note is not part of the Order)

This Order amends the definition of a members' requisition in paragraph 20A(2) of Schedule 2 to the Building Societies Act 1986 by increasing to 500 the minimum number of a building society’s members needed to requisition a special meeting of the society.