{
  "url": "https://openlegislation.uk/building-societies-transfer-of-business-regulations-1998/schedule-3/paragraph-4",
  "json_url": "https://openlegislation.uk/building-societies-transfer-of-business-regulations-1998/schedule-3/paragraph-4.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/3/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "(1) The reasons why the directors of the society and of the successor company are satisfied that there will be no substantial risk that the successor company will not have relevant permission.\n(2) “Relevant permission” has the meaning given by paragraph 10(2) of Part II of Schedule 1 to these Regulations.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 3 para. 4 renumbered as Sch. 3 para. 4(1) (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 564(3)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 3 para. 4(1) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 564(3)(b)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Sch. 3 para. 4(2) inserted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 564(3)(c)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 3 para. 4 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/3/paragraph/4",
    "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."
}