After paragraph 20 of Schedule 2 to the 1986 Act there shall be inserted the following paragraph -
"Special meeting on members' requisition
(1) On a members' requisition, a building society shall -
(a) duly call a special meeting, and specify the meeting as such in the notice calling it; and
(b) if so required by the requisition, send to each member entitled to receive notice of the meeting a copy of a statement of not more than 500 words with respect to the matters to be dealt with at the meeting;
and where a meeting is so called no business shall be conducted at the meeting other than that stated in the notice calling it or (where applicable) that mentioned in sub-paragraph (8)(b) below.
(2) A members' requisition is a requisition of not less than the requisite number of members of the society; and that number is 100 or such lesser number as may be specified in the rules of the society.
(3) The requisition -
(a) must state the objects of the meeting, be signed by the requisitioni
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