
1 
This Order may be cited as the Building Societies (Restricted Transactions) Order 2001 and shall come into force on 1st July 2001.
2 
Subsection (4) of section 9A of the Building Societies Act 1986 is varied as follows—
(a) the word “and” immediately after paragraph (b)(iv) is omitted; and
(b) there is inserted immediately after paragraph (b)(v) the following—“and
(vi) the ability or willingness of one or more persons to pay or repay a sum or sums owing at law or in equity to the society or a connected undertaking of the society;”.
In witness whereof the common seal of the Building Societies Commission is hereto fixed, and is authenticated by me, a person authorised under paragraph 14 of Schedule 1 to the Building Societies Act 1986, on 9th May 2001.
Jeremy Palmer
Commissioner
We consent to this Order.
Jim Dowd
Greg Pope
Two of the Lords Commissioners of Her Majesty’s Treasury
10th May 2001