Section 84D(5A)

Where— the references to the bank in section 12ZA(1)(a) and any other provision so far as relating to property transfer instruments under section 12ZA include a reference to the successor company. the third stabilisation option is exercised in connection with the fourth stabilisation option in respect of a building society, and before the third stabilisation option is exercised— the building society is converted into a company pursuant to section 84A(5)(a), or all the property, rights and liabilities of the building society are transferred to a company pursuant to section 84A(5)(b),

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Source: legislation.gov.uk · retrieved 2026-09-04