Article 2 Amendment of section 61 of the Building Societies Act 1986

Subsection (1) of section 61 of the Building Societies Act 1986^f1 (directors: supplementary provisions as to elections, etc.) is amended as follows—

(a)

in paragraph (a) for “10” there is substituted “50”;

(b)

in paragraph (b) for “20” there is substituted “100”;

(c)

in paragraph (c) for “30” there is substituted “150”;

(d)

in paragraph (d) for “40” there is substituted “200”;

(e)

in paragraph (e) for “50” there is substituted “250”.

Annotations

f1: Section 61(1) was substituted by section 28(1) of the Building Societies Act 1997 (c. 32).