(1) This section applies to the exercise by a building society or a subsidiary or other associated body of a power under any of the following sections -

(a) section 21 (holding and developing land);

(b) [deleted]

(c) section 28 (investment in and support of bodies corporate etc.);

(d) section 29 (financial services);

(e) section 31 (conveyancing services);

(f) section 32 (services relating to land); and

(g) section 33 (power to operate abroad).

(2) Each power to which this section relates, except for powers that are ancillary or incidental and related to those powers, must, in order to be exercisable, be adopted by the society by a special resolution and recorded in its memorandum.

(3) Notice of a special resolution under subsection (2) shall contain or be accompanied by a statement giving -

(a) a description of the activity in relation to which the power is to be exercised,