Section 39(2).

1

(1) Subject to the provisions of this Schedule, the enactments specified in sub-paragraph (2) below (referred to in this Schedule as "the enactments") apply in relation to building societies as they apply in relation to companies limited by shares and registered under the [1985 c. 6.] Companies Act 1985 or (as the case may be) the [S.I. 1986/1032 (N.I.6).] Companies (Northern Ireland) Order 1986.

(2) The enactments referred to in sub-paragraph (1) above are -

(a) Parts I and II, Chapter I of Part III, Parts VI, VII, XII and XIII, section 434 and Part XVIII of the [1986 c. 45.] Insolvency Act 1986, or

(b) Parts I to IV, VII, XI and XII and Article 378 of the [S.I. 1989/2405 (N.I.19).] Insolvency (Northern Ireland) Order 1989,

and, in so far as they relate to offences under any such enactment, sections 430 and 432 of, and Schedule 10 to, the [1986 c. 45.] Insolvency Act 1986 or Article 2(6) and 373 of, and Schedule 7 to, the [S.I. 1989/2405 (N.I.19).] Insolvency (Northern Ireland) Order 1989.

2

(1) The enactments shall, in their application to building societies, have effect with the substitution -

(a) for "company" of "building society";

(b) for "the registrar of companies" or "the registrar" of "the central office";