Financial Services and Markets Bill - continued        House of Commons
SCHEDULE 15, MUTUALS - continued

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  PART II
  BUILDING SOCIETIES
 
The Building Societies Act 1986 (c.53)
     8. Omit section 9 (initial authorisation to raise funds and borrow money).
 
     9. Omit Part V (protection of investors).
 
     10. Omit Schedule 3 (supplementary provisions about authorisation).
 
 
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