# The Building Societies (Members' Resolutions) Order 1999

S.I. 1999/3033 · made 5 November 1999

This Order increases the requisite number of members of a building society as defined in paragraph 31(2)(a) of Schedule 2 to the Building Societies Act 1986 who may propose a resolution at an annual general meeting. Where a society’s commercial assets exceed £100 million, the requisite number of members is five hundred and in any other case it is one hundred.

Made under: Building Societies Act 1986 (Schedule 2 paragraph 32)

PDFs: Printed copy https://openlegislation.uk/building-societies-members-resolutions-order-1999/pdf/uksi_19993033_en.pdf

## Introductory text

BUILDING SOCIETIES
Made 5th November 1999
Laid before Parliament 10th November 1999
Coming into force 1st December 1999
The Building Societies Commission, in exercise of the powers conferred on it by paragraph 32(4) of Schedule 2 to the Building Societies Act 1986, hereby makes the following Order:

## 1 Citation and commencement

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

## 2 Amendment of Schedule 2 to the Building Societies Act 1986

Paragraph 31(2)(a) of Schedule 2 to the Building Societies Act 1986 (members' right to propose and circulate resolutions) is amended as follows—
(a) in sub-paragraph (i) for “fifty” there is substituted “five hundred”;
(b) in sub-paragraph (ii) for “ten” there is substituted “one hundred”.

## 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 to the Commission

## Explanatory note

(This note is not part of the Order)
This Order increases the requisite number of members of a building society as defined in paragraph 31(2)(a) of Schedule 2 to the Building Societies Act 1986 who may propose a resolution at an annual general meeting. Where a society’s commercial assets exceed £100 million, the requisite number of members is five hundred and in any other case it is one hundred.

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Source: https://www.legislation.gov.uk/uksi/1999/3033 (the official version)
Page: https://openlegislation.uk/building-societies-members-resolutions-order-1999
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.