UK Statutory Instrument SI 1998/212 United Kingdom

The Building Societies (Transfer of Business) Regulations 1998

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trader2 Any Person1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Trader — also bound by 825 other Acts
Companies Act 2006 243 duties
Companies Act 1985 85 duties
Any Person — also bound by 2340 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.003 Transfer Statements Regulated
  • Include required particulars in transfer statements to membersTrader
s.005 Transfer Notification Statements Regulated
  • Include required particulars in transfer notification statements to membersAny Person
22 other provisions — procedural and definitional
sch. 1 para. 10 sch. 1 para. 10
sch. 1 para. 5 sch. 1 para. 5
s.001 Citation and commencement
s.001 A factual statement of the options for the future conduct... (opens in a new tab)
s.002 Interpretation
s.002 The consequences of the transfer— (a) for shareholding members of... (opens in a new tab)
s.003 The name, head office address and principal objects of the... (opens in a new tab)
s.004 Transfer Summaries
s.004 The audited financial position of the society and its connected... (opens in a new tab)
s.005 The main features of the financial record of the society... (opens in a new tab)
s.006 Construction of agreements and deeds
s.006 The changes proposed, in consequence of the transfer, in the... (opens in a new tab)
s.007 Construction of other documents
s.007 The successor company’s authorised and issued share capital and the... (opens in a new tab)
s.008 Rights, powers and remedies
s.008 The changes following the transfer in the factors relevant to... (opens in a new tab)
s.009 Legal proceedings
s.009 The future financial prospects of the successor company and of... (opens in a new tab)
s.010 Revocation
s.010 The interest of the directors and other officers of the... (opens in a new tab)
s.011 The compensation or other consideration (if any) proposed to be... (opens in a new tab)
s.012 The manner in which the salary, fees, borrowing rights and... (opens in a new tab)
Schedules

Schedules

1 of 45 shown
s.sch003 Either: (a) a summary of the most recently published and... Regulated
  • Include audited financial information in transfer notification statementTrader
44 other schedules
s.sch001 The distribution of funds (if any) proposed to be made...
s.sch001 Any benefits (whether in the form of a distribution of...
s.sch001 The amount of the society’s reserves ascertained as at the...
s.sch001 The amount of the statutory cash bonus and the conditions...
s.sch001 The opinion of the society’s auditor, or of some other...
s.sch001 Whether the person referred to in the foregoing paragraph has...
s.sch001 If any report or opinion (other than the opinion referred...
s.sch001 Any rights to be conferred on members, officers or employees...
s.sch001 Any change in the terms on which the investments of...
s.sch001 The extent to which any statutory protection scheme that will...
s.sch001 (a) The extent to which any scheme for handling complaints...
s.sch001 Any terms of the transfer agreement providing for its termination...
s.sch001 The amount of the total costs and expenses of the...
s.sch001 Any adverse effect which the transfer may have, whether by...
s.sch001 The acceptance of responsibility by each of the directors of...
s.sch001 Where a transfer summary is sent to members the arrangements...
s.sch002 In the case of any proposed transfer of business information...
s.sch002 Where the society proposes to transfer its business to an...
s.sch002 Where the society proposes to transfer its business to a...
s.sch002 Where shares or rights in relation to shares are to...
s.sch003 The fact that the board of directors of the society...
s.sch003 Either: (a) a summary of the most recently published and...
s.sch003 A description of the rights of members of the society...
s.sch003 Any benefits (if any and whether in the form of...
s.sch003 Any benefits (whether in the form of a distribution of...
s.sch003 The amount of the statutory cash bonus and the conditions...
s.sch003 Any changes in the terms on which the investments of...
s.sch003 Any changes in the terms on which loans by the...
s.sch003 The extent to which any statutory protection scheme that will...
s.sch003 (a) The extent to which any scheme for handling complaints...
s.sch003 The procedure for the appropriate authority to confirm the transfer,...
s.sch003 The interest of the directors and other officers of the...
s.sch003 The compensation or other consideration (if any) proposed to be...
s.sch003 The manner in which the salary, fees, borrowing rights and...
s.sch003 Any benefits (whether in the form of a distribution of...
s.sch003 Any terms of the transfer agreement providing for its termination...
s.sch003 The acceptance of responsibility by each of the directors of...
s.sch003 The name, head office address and principal objects of the...
s.sch003 (1) The reasons why the directors of the society and...
s.sch003 The range and relative importance of the activities of the...
s.sch003 The structure and activities of any group to which the...
s.sch003 The directors of the successor company, their interests in the...
s.sch003 The auditors of the successor company.
s.sch003 The proposed vesting date.

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.