(1) The Treasury may by order modify the Building Societies Act 1986 for the purpose of facilitating, or in connection with, the provision of financial assistance to building societies by -

(a) the Treasury, or

(b) the Bank of England,

(c) [deleted]

(d) [deleted]

(2) An order may affect any provision of the Building Societies Act 1986 which appears to the Treasury otherwise capable of preventing, impeding or affecting the provision of financial assistance; including, in particular, provision -

(a) about the establishment, constitution or powers of building societies,

(b) restricting or otherwise dealing with raising funds or borrowing,

(c) restricting or otherwise dealing with what may be done by or in relation to building societies,

(d) about security, or

(e) about the application of insolvency law or other legislation relating to companies.

(3) An order -

(a) may disapply or modify a provision;