{
  "url": "https://openlegislation.uk/draft-mutual-societies-transfers-order-2009/article-4",
  "json_url": "https://openlegislation.uk/draft-mutual-societies-transfers-order-2009/article-4.json",
  "legislation": "ukdsi/2009/9780111472927",
  "legislation_title": "The Mutual Societies (Transfers) Order 2009",
  "legislation_url": "https://openlegislation.uk/draft-mutual-societies-transfers-order-2009",
  "path": "article/4",
  "kind": "article",
  "number": "4",
  "heading": "Interpretation of the transfer provisions",
  "text": "(1) Section 97(12) of the 1986 Act applies in relation to a relevant transfer with the following modifications.\n(2) At the appropriate places insert—\n““the 2007 Act” means the Building Societies (Funding) and Mutual Societies (Transfers) Act 2007;”;\n““the 2009 Order” means the Mutual Societies (Transfers) Order 2009;”;\n““holding mutual” means the mutual society of which the successor is a subsidiary;”;\n““mutual society” has the same meaning as in section 3 of the 2007 Act;”;\n““parent undertaking” has the same meaning as in the Companies Acts (see section 1162 of, and Schedule 7 to, the Companies Act 2006);”;\n““subsidiary” (except in the term “subsidiary undertaking”) has the same meaning as in section 3 of the 2007 Act;”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 97(12) was amended by the Building Societies Act 1997 (c.32), section 43, Schedule 7, paragraph 45(3), and by S.I. 2001/2617."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "2006 c.46."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2009/9780111472927/article/4",
    "retrieved_at": "2026-10-30T14:58:08.994724+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."
}