Paragraph 9 I1

subsections (2) F1... and (8) were omitted; and

for subsection (7) there were substituted—

“(7)

For the purposes of this section a building society goes into liquidation if—

(a)

it goes into liquidation within the meaning of section 247(2) of the Insolvency Act 1986; or

(b)

the court makes a building society insolvency order in relation to it under section 94 of the Banking Act 2009 (as applied by section 90C of the Building Societies Act 1986) at a time when it has not already gone into liquidation by passing a special resolution for voluntary winding up under section 88 of the Building Societies Act 1986).”.