(1) The Building Societies Act 1986 is amended as follows.
(2) In section 60 (directors: elections and retirements) [Section 60 has been repeatedly amended. Relevant amendments were made to section 60(4) by S.I. 2001/2617 and section 27(2) of the Building Societies Act 1997 and section 60(7A), (7B) and (7C) were inserted by S.I. 2003/404.] -
(a) in subsection (4) omit ", (6), (7)";
(b) omit subsections (5), (6), (7), (7A), (7B), (7C) and (8);
(c) in subsection (11) -
(i) in paragraph (a) omit "paragraph (b) below, subsection (12) below or";
(ii) at the end of paragraph (a) omit "and";
(iii) omit paragraph (b); and
(iv) in the closing words, omit "(in either case)";
(d) omit subsection (12);
(e) in subsection (13) omit paragraph (a) (including "and" at the end of that paragraph); and
(f) omit subsection (15).
(3) In section 61 (directors: supplementary provisions as to elections, etc.) [There are no relevant amendments to section 61.] -
(a) omit subsection (6); and
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