SCHEDULES

SCHEDULE 16U.K. Mergers: Supplementary Provisions

Part IIU.K. Notification of Proposals for Merger

PenaltyU.K.

6U.K.If default is made by a building society in complying with paragraph 4(1), 4(2) or 5 above, the society shall be liable on summary conviction to a fine not exceeding level 4 on the standard scale; and so shall any officer who is also guilty of the offence.