Paragraph 30
United Kingdom
In section 101 of the M1Building Societies Act 1986—
(a)
for paragraph (1)(a) there shall be substituted—
“(a)offer for sale or invite subscription for any shares in or debentures of the company or allot or agree to allot any such shares or debentures with a view to their being offered for sale;”;
(b)
in subsection (1) after the words “the effect of the offer" there shall be inserted the words “the invitation"; and
(c)
in subsection (2) for the words “the public" there shall be substituted the words “, invite subscription for,".
Annotations
Marginal citations
- M1
Notes on the whole Act
Textual amendments
- F1
Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(c) (with savings in art. 292)