Financial Mutuals Arrangements Bill
Public Bill Committees
- Financial Mutuals Arrangements Bill, 1st sitting (1 speech)
[David Taylor in the Chair]
- Clause 1 (11 speeches)
Removal of the funding limit for building societies
- Clause 2 (3 speeches)
Power to amend etc, to alter priorities on dissolution and winding up of building societies
- Clause 3 (4 speeches)
Transfers between mutuals
- Clause 4 (4 speeches)
Short title, commencement and extent
- New Clause 1 (0 speeches)
Funding limit for building societies ‘(1) In section 7 of the Building Societies Act 1986 (c. 53) (funding limit)— (a) after subsection (6) insert— “(6A) The Treasury may,...
- New Clause 2 (0 speeches)
Power to alter priorities on dissolution and winding up ‘After section 90A of the Building Societies Act 1986 (c. 53) insert— “90B Power to alter priorities on dissolution and...
- New Clause 3 (0 speeches)
Transfers to subsidiaries of other mutuals ‘(1) The Treasury may, by order, make such modifications of the transfer provisions as it thinks appropriate to facilitate, or in consequence of,...
- New Clause 4 (8 speeches)
Transfers to subsidiaries: distribution of funds ‘(1) An order under section (Transfers to subsidiaries of other mutuals) may provide for this section to have effect. (2) Subsection (3)...