building societies act 1986 การใช้

• The deregulating Building Societies Act 1986 contained an anti-carpet bagger provision in the form of a two-year rule.
• Like many other Building Societies, the Leeds later took advantage of changes bought by the Building Societies Act 1986, diversifying its business into share-selling, off-shore banking, estate agency and property development.
• Credit unions and building societies, which sprang from the same roots, are now governed by specific legislation although credit unions are, through their legislation, registered under the 2014 Act-see the Credit Unions Act 1979 and the Building Societies Act 1986 and later legislation.
• This essentially killed the proposal ( a framework which would allow banks to undertake conveyancing work was included in the Building Societies Act 1986 but never implemented ) because the banks had no interest in lending only to people who were not also engaged in a loan agreement with them.