Article 2 Variation of Schedule 8 to the Building Societies Act 1986
Schedule 8 to the Building Societies Act 1986 (provision of services) shall be varied by the following amendments —
(a)
in paragraph 7(a) of Part III, after the words “authorised institution” there shall be inserted the words “or building society”;
(b)
in paragraph 7(c) of Part III, after the words “other body” there shall be inserted the words “or description of body”; and
(c)
in paragraph 7 of Part IV, in the definition of “mortgage investments”, for the words “advances secured on land” there shall be substituted the words “secured lending where the security comprises or includes land”.