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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: | Document consolidation status: Updated to reflect all known changes
Version date: 4 March 2009 - onwards

Signature

Frank Roy

Tony Cunningham

Two of the Lords Commissioners of Her Majesty's Treasury

4th March 2009

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