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Statutory Instruments

2017 No. 1307

Building Societies

The Building Societies (Restricted Transactions) (Amendment to the Limit on the Trade in Currencies) Order 2017

Made

19th December 2017

Laid before Parliament

20th December 2017

Coming into force

6th April 2018

The Treasury, in exercise of the powers conferred by section 9A(12)(a) of the Building Societies Act 1986( 1 ), makes the following Order.

Citation and commencement

1. —(1) This Order may be cited as the Building Societies (Restricted Transactions) (Amendment to the Limit on the Trade in Currencies) Order 2017.

(2) This Order comes into force on 6th April 2018.

Amendment of section 9A of the Building Societies Act 1986

2. In subsection (3)(a) of section 9A of the Building Societies Act 1986 for “£100,000” substitute “£3 million”.

Mark Spencer

Andrew Griffiths

Two of the Lords Commissioners of Her Majesty’s Treasury

19th December 2017

( 1 )

1986 c. 53 ; section 9A was inserted by section 10 of the Building Societies Act 1997 (c. 32) .

1. Citation and commencement

2. Amendment of section 9A of the Building Societies Act 1986

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

The Building Societies (Restricted Transactions) (Amendment to the Limit on the Trade in Currencies) Order 2017 (2017/1307)

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