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Transfer Of Engagements

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. 224, in page 122, line 7, leave out 'the' and insert

'a copy of the instrument of'.

No. 225, in page 122, line 15, at end add—

'(9) The central office shall keep a copy of the instrument and of the registration certificate issued under subsection (8) above in the public file of the building society taking the transfer.'.

No. 226, in page 122, line 15, at end insert—

'(10) Where all its engagements have been transferred, the society shall, by virtue of this subsection, be dissolved on the date specified in the registration certificate; but the transfer effected by subsection (8) above shall be deemed to have been effected immediately before the dissolution.'. — [Mr. Ian Stewart.]