[102C Consequences of false declaration]
Building Societies Act 1986 (1986 c 53) | Legislation

[102C  Consequences of false declaration]

[(1)     Where it is shown, in relation to a person who has made a statutory declaration to a society purporting to comply with section 102B(5), that, at the time the declaration is made, he is not a trustee account holder in relation to the account in question, then—

(a)     a distribution shall not be made to him in pursuance of section 102B if it is so shown before the distribution is made;

(b)     if a distribution is made to him, he shall

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