[46A Notices, hearings and appeals]
Building Societies Act 1986 (1986 c 53) | Legislation

[Notices, hearings and appeals]

[46A  Notices, hearings and appeals]

[(1)     If the [appropriate authority] proposes—

(a)     to give a direction to a society under section 36(3), (5), (6), (7) or (10), or

(b)     to give a direction to a society under section 42B(1), other than a direction varying a previous direction with the agreement of the society concerned,

it must give the society a warning notice.

(2)     The warning notice must set out the terms of the direction which the [appropriate authority] proposes to give.

(3)     If the [appropriate authority] decides—

(a)     to give a direction to a society under section 36(3),

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