# The Personal Pension Schemes (Establishment of Schemes) Order 1988, Article 3: Amendments to the Act


In section 632(1) of the Act—
(a) after paragraph (b) there shall be inserted—
“(bb) a pension company within the meaning of the Building Societies (Designation of Pension Companies) Order 1987which is an associate of a building society within the meaning of section 18(17) of the Building Societies Act 1986;”; and
(b) after paragraph (c) there shall be inserted—
“(cc) a body corporate which is a subsidiary or holding company of an institution authorised under the Banking Act 1987, or is a subsidiary of the holding company of such an institution;”.

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Source: https://www.legislation.gov.uk/uksi/1988/993/article/3 (the official version)
Page: https://openlegislation.uk/personal-pension-schemes-establishment-of-schemes-order-1988/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.