74 Duty of directors to prepare annual business statement
Building Societies Act 1986 (1986 c 53) | Legislation

74  Duty of directors to prepare annual business statement

(1)     The directors of every building society shall, by reference to the annual accounts and other records and information at their disposal, prepare with respect to each financial year of the society a statement (referred to in this Act as “the annual business statement”) relating to prescribed aspects of the business of the society during the year.

(2)     Where the society has [connected undertakings] the annual business statement shall deal also with prescribed aspects of the business of the [connected

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