SCHEDULE 7 Investors: Special Provisions
Building Societies Act 1986 (1986 c 53) | Legislation

SCHEDULE 7 Investors: Special Provisions

Section 32

Members or depositors dying

1

(1)     The provisions of this paragraph have effect where a member of, or depositor with, a building society dies, testate or intestate, domiciled in any part of the United Kingdom leaving a sum of money in the funds of the society not exceeding £5000.

(2)     If a person claiming to be beneficially entitled to the sum of money under the will or the applicable law of intestacy furnishes to the society—

(a)     satisfactory evidence of the death, and

(b)     a statutory declaration

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