Paragraph 18

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

Sch. word substituted by Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) 2001 art. 213(6)
Sch. para. 1 words substituted by Financial Services Act 2012 (Mutual Societies) 2013 Sch. 10 para. 5(2)(b)
Sch. para. 2 words substituted by Financial Services Act 2012 (Mutual Societies) 2013 Sch. 10 para. 5(2)(b)

The manner in which the salary, fees, borrowing rights and other benefits of directors and other officers of the transferring society to be appointed to any position by the accepting society and any of its connected undertakings will be affected by such appointment.