{
  "url": "https://openlegislation.uk/building-societies-transfer-of-business-regulations-1998/schedule-1/paragraph-14",
  "json_url": "https://openlegislation.uk/building-societies-transfer-of-business-regulations-1998/schedule-1/paragraph-14.json",
  "legislation": "uksi/1998/212",
  "legislation_title": "The Building Societies (Transfer of Business) Regulations 1998",
  "legislation_url": "https://openlegislation.uk/building-societies-transfer-of-business-regulations-1998",
  "path": "schedule/1/paragraph/14",
  "kind": "paragraph",
  "number": "14",
  "heading": null,
  "text": "Any benefits (whether in the form of a distribution of funds or the conferring of rights in relation to shares in the successor company or otherwise) proposed to be conferred in consideration of, or by reason of, the transfer, on—\n(a) members of the society (not being persons referred to in sub-paragraph (b) below);\n(b) persons receiving benefits by virtue of section 102B of the Act; and\n(c) other persons,\ngiving for each of those categories—\n(i) the aggregate value of the benefits to be conferred on persons falling within the category; and\n(ii) the percentage which that value represents of the value of all the benefits to be conferred.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 Pt. 1 para. 14 in force at 2.3.1998, see reg. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1998/212/schedule/1/paragraph/14",
    "retrieved_at": "2026-10-29T11:38:09.289089+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}