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Mutual Societies (Transfers) Order 2009 [SI 2009 No. 509]Introductory TextPart 1 Introductory (arts. 1-2)Article 1 Citation and commencementArticle 2 InterpretationPart 2 Building societies (arts. 3-18)Article 3 Application of Part 2Article 4 Interpretation of the transfer provisionsArticle 5 The transfer resolutionArticle 6 Formation of the successor companyArticle 7 Distribution of funds of building society or holding mutualArticle 8 Distribution of funds: regulated termArticle 9 Confirmation of the transferArticle 10 Modified application of section 100 (distributions and share rights)Article 11 Membership of the holding mutualArticle 12 Restrictions on further transferArticle 13 Modified application of sections 102B and 102C of the 1986 ActIssue of statement or summary to members (arts. 14-17)Article 14Article 15Article 16Article 17Article 18 Issue of statement or summary to members: powers of Financial Services AuthorityPart 3 Supplementary (art. 19)Article 19 Crown Dependency mutual societySignatureExplanatory NoteExplanatory MemorandumImpact Assessment
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Published date: 4 March 2009

Mutual Societies (Transfers) Order 2009 [SI 2009 No. 509]

Introductory Text
Part 1 Introductory (arts. 1-2)
Article 1 Citation and commencement
Article 2 Interpretation
Part 2 Building societies (arts. 3-18)
Article 3 Application of Part 2
Article 4 Interpretation of the transfer provisions
Article 5 The transfer resolution
Article 6 Formation of the successor company
Article 7 Distribution of funds of building society or holding mutual
Article 8 Distribution of funds: regulated term
Article 9 Confirmation of the transfer
Article 10 Modified application of section 100 (distributions and share rights)
Article 11 Membership of the holding mutual
Article 12 Restrictions on further transfer
Article 13 Modified application of sections 102B and 102C of the 1986 Act
Issue of statement or summary to members (arts. 14-17)
Article 14
Article 15
Article 16
Article 17
Article 18 Issue of statement or summary to members: powers of Financial Services Authority
Part 3 Supplementary (art. 19)
Article 19 Crown Dependency mutual society
Signature
Explanatory Note
Explanatory Memorandum
Impact Assessment
Next