Miscellaneous and generalN.I.

[F1Application of Order to building societiesN.I.

24D.—(1) This Order applies to building societies as it applies to companies.

(2) References in this Order to a company, or to a director or an officer of a company, include, respectively, references to a building society within the meaning of the Building Societies Act 1986 or to a director or officer, within the meaning of that Act, of a building society.

(3) In relation to a building society the definition of “shadow director” in Article 2(2) applies with the substitution of “building society” for “company”.

[F2(3A) In relation to a building society, this Order applies as if—

(a)Articles 9(1)(a)(ii) [F3, 10(2)(b) and (5A) and 15A] were omitted;

(b)references in Articles 11B(2) and 19A(3)(b) to a company which has been dissolved without becoming insolvent were omitted.]

F4(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .]