# The Mutual Societies (Transfers) Order 2009, Article 4: Interpretation of the transfer provisions


(1) Section 97(12) of the 1986 Act applies in relation to a relevant transfer with the following modifications.
(2) At the appropriate places insert—
““the 2007 Act” means the Building Societies (Funding) and Mutual Societies (Transfers) Act 2007;”;
““the 2009 Order” means the Mutual Societies (Transfers) Order 2009;”;
““holding mutual” means the mutual society of which the successor is a subsidiary;”;
““mutual society” has the same meaning as in section 3 of the 2007 Act;”;
““parent undertaking” has the same meaning as in the Companies Acts (see section 1162 of, and Schedule 7 to, the Companies Act 2006);”;
““subsidiary” (except in the term “subsidiary undertaking”) has the same meaning as in section 3 of the 2007 Act;”.

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111472927/article/4 (the official version)
Page: https://openlegislation.uk/draft-mutual-societies-transfers-order-2009/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.