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Powers In Event Of Breach Of Limits On Assets Or Liabilities Or Abuse Of Purpose Of Building Society

Volume 98: debated on Wednesday 4 June 1986

The text on this page has been created from Hansard archive content, it may contain typographical errors.

Amendments made: No. 124, in page 48, line 33, leave out first 'business' and insert `action'.

No. 125, in page 48, line 34, at end insert—

'(3A) Where the High Court makes an order under subsection (2) above, the Commission shall give a copy of it to the central office and the central office shall keep the copy in the public file of the society.'.—[Mr. Ian Stewart.]