Article 3 Amendment of Schedule 8 to the Act

This article amends paragraph 1 of Part II of Schedule 8 (power to provide services)^f1 to the Act by substituting for sub-paragraph (b) the following new sub-paragraph–

“(b)

(i)

to maintain a place of business in any country or territory for the purpose of providing that service unless the society also conducts the principal busi ness of a building society in that country or territory, save where that service is provided in any of the countries listed in paragraph (ii) below;

(ii)

any member State, Austria, Finland, Iceland, Liechtenstein, Norway, Sweden and Switzerland,”