Updated to 14 June 2019 (Act No. 17 of 2019 and S.I. No. 260 of 2019)

Contents

Commencement

SectionCommencement DateCommencement Information
Ss. 1-92 1 September 1989 Building Societies Act 1989 (Commencement) Order 1989 (S.I. No. 182 of 1989), art. 2
Ss. 93, 94 1 May 1990 Building Societies Act 1989 (Commencement) Order 1990 (S.I. No. 107 of 1990), art. 2
Ss. 95-127 1 September 1989 Building Societies Act 1989 (Commencement) Order 1989 (S.I. No. 182 of 1989), art. 2
Sch. 1 1 September 1989 Building Societies Act 1989 (Commencement) Order 1989 (S.I. No. 182 of 1989), art. 2
Sch. 2 1 September 1989 Building Societies Act 1989 (Commencement) Order 1989 (S.I. No. 182 of 1989), art. 2
Sch. 3 1 September 1989 Building Societies Act 1989 (Commencement) Order 1989 (S.I. No. 182 of 1989), art. 2
Sch. 4 1 September 1989 Building Societies Act 1989 (Commencement) Order 1989 (S.I. No. 182 of 1989), art. 2
Sch. 5 1 September 1989 Building Societies Act 1989 (Commencement) Order 1989 (S.I. No. 182 of 1989), art. 2

Amendments and other effects

How AffectedAffecting Provision
Applied with necessary modifications to certain asset management companies S.I. No. 475 of 2009, regs. 2, 26(1) & sch., pt. 1
Appl. S.I. No. 48 of 2011, regs. 2(4), 5, 12
  S.I. No. 198 of 2004, reg. 2(2)(d)
Non applic. of. 15/1997, ss. 1 (2) (3), 184 (b)
  32/2001, ss. 1 (2), 16 (1) (2)
Power to vary 36/2010, ss. 1(2), 47
Pt. IX repealed S.I. No. 168 of 1995, regs. 1(2), 2(2)
Restricted S.I. No 289 of 2015, regs. 1(2), 1(3), 119(2)(a)
  27/2011, ss. 1(3), 49(7)(a), 69(6)(a)
  36/2010, ss. 1(2), 53(a)
Saver S.I. No. 48 of 2011, regs. 2(4), 17(3)
Pt. 2, Chs. I - VI suppervisory provisions applied S.I. No. 24 of 1993, regs. 1(2), 2(b)
S. 2 amended 24/2006, ss. 2, 4(a)-(f)
S. 2(1) amended S.I. No. 495 of 2014, regs. 1(2), 22
  S.I. No. 158 of 2014, reg. 156(a)(i)
  S.I. No. 637 of 2011, reg. 2(2) & sch. 2
  23/2010. ss. 2, 15(14), sch. 2, pt. 14, para. 6
  34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 1
  12/2003, ss. 1 (2), 35 (1), sch. 1, pt. 10
  47/2001, ss. 1 (2), 106, sch. 2, pt. 1
S. 2(1A) inserted S.I. No. 158 of 2014, reg. 156(a)(ii)
S. 8(3), subsec. deleted 12/2003, ss. 1 (2), 35 (1), sch. 1, pt. 10
S. 9(2) amended 47/2001, ss. 1 (2), 106, sch. 2, pt. 1
S. 9(2)(a) amended 24/2006, ss. 2, 5(a)
S. 9(2)(b) amended 24/2006, ss. 2, 5(b)
S. 10 appl. 15/1994, ss. 2, 32 (1) (b)
S. 10(3)(b) amended S.I. No. 495 of 2014, regs. 1(2), 23
S. 10(4) (4A), subsecs. substituted 21/2004, ss. 1 (2), 10 (2), sch. 1, pt. 3, para. 1
S. 10(8), subsec. inserted S.I. No. 637 of 2011, reg. 2(2) & sch. 2
S. 13(1) amended 24/2006, ss. 2, 6(a)
S. 13(3) substituted 24/2006, ss. 2, 6(b)
S. 14(5), subsec. substituted 21/2004, ss. 1 (2), 10 (2), sch. 1, pt. 3, para. 2
S. 14(6) amended 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 2
S. 16(2), subsec. substituted 47/2001, ss. 1 (2), 106, sch. 2, pt. 1
S. 16(2B) subsec. inserted 24/2006, ss. 2, 7
S. 16(2C) subsec. inserted 24/2006, ss. 2, 7
S. 16(2D) subsec. inserted 24/2006, ss. 2, 7
S. 16(2E) subsec. inserted 24/2006, ss. 2, 7
S. 17(1) amended S.I. No. 495 of 2014, regs. 1(2), 24(a)
S. 17(3)(aa) para. inserted 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 3
S. 17(4) amended S.I. No. 495 of 2014, regs. 1(2), 24(b)
  S.I. No. 158 of 2014, reg. 156(b)(i)(I)
S. 17(4)(a)(i) deleted w. saver S.I. No. 158 of 2014, regs. 156(b)(i)(II), 162
S. 17(5) substituted S.I. No. 495 of 2014, regs. 1(2), 24(c)
S. 17(8) amended S.I. No. 495 of 2014, regs. 1(2), 24(d)
S. 17(9) amended S.I. No. 495 of 2014, regs. 1(2), 24(e)
S. 17(10) amended S.I. No. 158 of 2014, reg. 156(b)(ii)
  S.I. No. 395 of 1992, regs. 1(2), 6(2)
S. 17(11) deleted S.I. No. 495 of 2014, regs. 1(2), 24(f)
S. 17(11) inserted S.I. No. 158 of 2014, reg. 156(b)(iii)
S. 17(12) inserted S.I. No. 416 of 2014, reg. 2(5), sch. 5 item 1
S. 17(12)(a) amended S.I. No. 495 of 2014, regs. 1(2), 24(g)(i)
S. 17(12)(aa) inserted S.I. No. 150 of 2018, reg. 4
S. 17(12)(b) deleted S.I. No. 495 of 2014, regs. 1(2), 24(g)(ii)
Ss. 17A-F inserted S.I. No. 158 of 2014, reg. 156(c)
S. 17A amended S.I. No. 495 of 2014, regs. 1(2), 25
S. 17B(1) amended S.I. No. 495 of 2014, regs. 1(2), 26(a)
S. 17B(3) amended S.I. No. 495 of 2014, regs. 1(2), 26(a)
S. 17B(3)(b) deleted S.I. No. 495 of 2014, regs. 1(2), 26(b)
S. 17C amended S.I. No. 495 of 2014, regs. 1(2), 27
S. 17D amended S.I. No. 495 of 2014, regs. 1(2), 28
S. 17E(1) amended S.I. No. 495 of 2014, regs. 1(2), 29(a)
S. 17E(2) amended S.I. No. 495 of 2014, regs. 1(2), 29(b)
S. 17F amended S.I. No. 495 of 2014, regs. 1(2), 30
S. 18(1) substituted 24/2006, ss. 2,. 8(a)
S. 18(1)(b), para. substituted 47/2001, ss. 1 (2), 106, sch. 2, pt. 1
S. 18(1)(b)(i) amended 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 4
S. 18(1A) subsec. inserted 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 5
S. 18(3) substituted 24/2006, ss. 2, 8(b)
S. 18(3) subsection substituted 47/2001, ss. 1 (2), 106, sch. 2, pt. 1
S. 18(5) substituted 24/2006, ss. 2, 8(c)
S. 18(5) subsection substituted 47/2001, ss. 1 (2), 106, sch. 2, pt. 1
S. 18(6) rep. 18/1992, ss. 37, 38 (5), sch.
S. 18(6) (6A) (6B), subsecs. inserted 47/2001, ss. 1 (2), 106, sch. 2, pt. 1
S. 18(9) deleted w. saver S.I. No. 158 of 2014, regs. 156(d), 162
S. 18(9) subsec. inserted 24/2006, ss. 2, 8(d)
S. 18A s. inserted 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 6
S. 22(1) substituted 24/2006, ss. 2, 9(a)
S. 22(4) deleted 24/2006, ss. 2, 9(b)
S. 22(5) deleted 24/2006, ss. 2, 9(b)
S. 23(1)(e) (f) amended 9/2002, ss. 1 (3), 23, sch. 3
S. 23(1)(g) (h), pars. substituted 9/2002, ss. 1 (3), 23, sch. 3
S. 23(2) substituted 24/2006, ss. 2, 10
S. 23(2)(a) (b) amended 9/2002, ss. 1 (3), 23, sch. 3
S. 23(2)(c), para. substituted 9/2002, ss. 1 (3), 23, sch. 3
S. 25(1) amended 9/2002, ss. 1 (3), 23, sch. 3
S. 25(1)(b) paragraph substituted 9/2002, ss. 1 (3), 23, sch. 3
S. 25(1)(c) amended 24/2006, ss. 2, 11
S. 25(1)(c) paragraph substituted 9/2002, ss. 1 (3), 23, sch. 3
S. 25(1)(c) amended 18/1992, ss. 2 (7), 38 (5)
S. 26, power of Min. to make regs. in relation to. 18/1992, ss. 13 (3) (h), 38 (5)
S. 28, constr. of cert. refs. 18/1992, ss. 6 (10), 38 (5)
S. 28(1) substituted 24/2006, ss. 2, 12(a)
S. 28(2)(a) substituted 24/2006, ss. 2, 12(b)(i)
S. 28(2)(a) amended 47/2001, ss. 1 (2), 106, sch. 2, pt. 1
S. 28(2)(c) para. inserted 24/2006, ss. 2,12(b)(ii)
S. 28(3) amended 24/2006, ss. 2, 12(c)
S. 28(4) amended 24/2006, ss. 2, 12(d)
S. 28(5) amended 24/2006, ss. 2, 12(e)(i)-(iii)
S. 29(2)(b) amended 9/2002, ss. 1 (3), 23, sch. 3
S. 29(2)(r) para. inserted 24/2006, ss. 2, 13(a)
S. 29(2)(s) para. inserted 24/2006, ss. 2, 13(a)
S. 29(3), subsec. substituted 18/1992, ss. 30, 38 (5)
S. 29(7) subsec. inserted 24/2006, ss. 2, 13(b)
S. 30 amended 24/2006, ss. 2, 14(a) and (b)
S. 32 substituted 40/2011, ss. 1(2), 98-101 & sch. 8
S. 34(1) amended 9/2002, ss. 1 (3), 23, sch. 3
S. 36(1)(b) deleted 24/2006, ss. 2, 15(a)
S. 36(1)(f) amended 40/2011, ss. 1(2), 98-101 & sch. 8
S. 36(2) substituted 24/2006, ss. 2, 15(b)
S. 36(4) amended 24/2006, ss. 2, 15(c)
S. 39(8) amended 24/2006, ss. 2, 16
S. 40 appl. 32/2001, ss. 1 (2), 13 (1)
  S.I. No. 198 of 2004, reg. 33 (5)
S. 40(1) amended S.I. No. 495 of 2014, regs. 1(2), 31(a)
S. 40(2) amended S.I. No. 495 of 2014, regs. 1(2), 31(b)
S. 40(2) appl. 47/2001, ss. 1 (2), 32, 35, 47, 50, 89
S. 40(2)(i) (ii) (ii), subpars. substituted 9/2002, ss. 1 (3), 23, sch. 3
S. 40(2)(m)-(o) inserted S.I. No. 158 of 2014, reg. 156(e)(i)
S. 40(7), subsec. inserted 21/2004, ss. 1 (2), 10 (2), sch. 1, pt. 3, para. 3
S. 40(7)(a) deleted S.I. No. 495 of 2014, regs. 1(2), 31(c)
S. 40(8) deleted S.I. No. 495 of 2014, regs. 1(2), 31(d)
S. 40(8) amended S.I. No. 158 of 2014, reg. 156(e)(ii)
S. 40(8), subsec. inserted S.I. No. 637 of 2011, reg. 2(2) & sch. 2
S. 41 repealed with saver 40/2012, ss. 2(1), 70, sch. 2, pt. 1, item 3
S. 41 powers of authorised person under extended S.I. No. 475 of 2009, regs. 2, 20(4)
S. 41 applied with modifications S.I. No. 475 of 2009, regs. 2, 20(2)
Ss. 41, 41A, ss. substituted and inserted with transit. provns. 12/2003, ss. 1 (2), 35 (1), 36, sch. 1, pt. 10, sch. 3, para. 15
S. 41 powers construed S.I. No. 396 of 1992, regs. 1(2), 4(2)
S. 41, constr. of refs. S.I. No. 396 of 1992, reg. 4
S. 41, ctnc. of authorised person. 12/2003, ss. 1 (2), 36, sch. 3, para. 15
S. 41A constr. of refs. S.I. No. 158 of 2014, reg. 143(2)
S. 41A applied with modifications S.I. No. 475 of 2009, regs. 2, 20(2)
S. 44 rep. 12/2003, ss. 1 (2), 35 (1), sch. 1, pt. 10
S. 44(1) application restricted S.I. No. 395 of 1992, regs. 1(2), 19
S. 50(1) amended 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 7
S. 50(5A) inserted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 1
S. 50(6) (7) (b) (c) amended 16/2001, s.1 (1) (2), sch 1, 2
S. 50(18) - (20) subsec. inserted 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 8
S. 52 amended 24/2010, ss. 1(2), 97 and schedule, pt. 1, item 6
S. 53(8) amended 9/2002, ss. 1 (3), 23, sch. 3
S. 53(8A), subsec. inserted 9/2002, ss. 1 (3), 23, sch. 3
S. 57(2)(c), para. substituted 9/2002, ss. 1 (3), 23, sch. 3
S. 59(1A), subsec. inserted 9/2002, ss. 1 (3), 23, sch. 3
S. 59(3A), subsec. inserted 9/2002, ss. 1 (3), 23, sch. 3
S. 63(2) substituted 24/2006, ss. 2,. 17
S. 69(1)(a) amended 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 9
  16/2001, s.1 (1) (2), sch 1, 2
S. 69(2) substituted 24/2006, ss. 2, 18
S. 69(3) amended 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 10
S. 69(3A) subsec. inserted 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 11
S. 70(2) amended 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 12
S. 71(1) amended 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 13
S. 71(2), subsec. substituted 47/2001, ss. 1 (2), 106, sch. 2, pt. 1
S. 71(2) amended 16/2001, s.1 (1) (2), sch 1, 2
S. 71A s. inserted 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 14
S. 73(1)(b) substituted 34/2009, ss. 1(2) and (3), 231 and sch. 3, pt. 1, item 15
S. 74(1) amended 24/2006, ss. 2, 19(a)
S. 74(10) subsec. inserted 24/2006, ss. 2, 19(b)
S. 74(11) subsec. inserted 24/2006, ss. 2, 19(b)
S. 77(1)(c) (2) (4) (6) amended 9/2002, ss. 1 (3), 23, sch. 3
S. 81(2) amended 9/2002, ss. 1 (3), 23, sch. 3
S. 87(2)(e) amended 24/2010, ss. 1(2), 97 and schedule, pt. 1, item 7
S. 88(3)(e)(iii) amended 9/2002, ss. 1 (3), 23, sch. 3
Pt. 9 (ss. 93-94) rep. S.I. No. 168 of 1995, reg. 2 (2)
S. 93(4)(d) (e) rep. 12/2001, ss. 12 (1), 13 (2), sch. pt. 1
S. 100 amended 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 2
  24/2006, ss. 2, 20
S. 101(3)(a) substituted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 3
S. 101(3)(k) substituted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 4
S. 101(3)(ka) inserted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 4
S. 101(4) amended 24/2006, ss. 2, 21(a)
S. 101(5) substituted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 5
S. 101(6) substituted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 6
S. 101(6) amended 24/2006, ss. 2, 21(b)
S. 101(7) subsec. inserted 24/2006, ss. 2, 21(c)
S. 101(8) amended 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 7
S. 101(8) subsec. inserted 24/2006, ss. 2, 21(c)
S. 101(9) subsec. inserted 24/2006, ss. 2, 21(c)
S. 101A new s. 8/1997, ss. 1 (2), 78
S. 101B new s. 9/2002, ss. 1 (3), 23, sch. 3
S. 101C s. inserted 24/2006, ss. 2, 22
S. 101C(8)(a) amended 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 8
S. 103(1) amended 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 9
S. 103(1A) inserted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 10
S. 103(2)(h) amended 24/2006, ss. 2, 23(a)
S. 103(2)(ha) para. inserted 24/2006, ss. 2, 23(b)
S. 104(5) amended 24/2006, ss. 2, 24
S. 105(1) amended 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 11
S. 105(1A) inserted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 12
S. 105(5) amended 24/2006, ss. 2, 25
S. 106(1) amended 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 13
  24/2006, ss. 2, 26
S. 107(1)(a) substituted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 14
S. 107(1)(b) substituted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 14
S. 107(1)(c) substituted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 14
S. 107(1A) inserted 36/2010, ss. 1(2), (3), 71 & sch. 1, pt. 1, item 15
S. 108A inserted 24/2006, ss. 2, 27
S. 110 (5) substituted 21/2004, ss. 1 (2), 10(2), sch. 1, pt. 3, para. 4(a)
S. 110 (6) substituted 21/2004, ss. 1 (2), 10(2), sch. 1, pt. 3, para. 4(b)
S. 118(2) amended 31/1999, ss. 162, 163, sch. 4
S. 119(1)(a)(i) amended 12/2003, ss. 1(2), 35(1), sch. 1, pt. 10
S. 119(1)(a)(ii) substituted 12/2003, ss. 1(2), 35(1), sch. 1, pt. 10
S. 119(1)(a)(iv) amended 12/2003, ss. 1(2), 35(1), sch. 1, pt. 10
S. 119(1)(a)(v) inserted 12/2003, ss. 1(2), 35(1), sch. 1, pt. 10
S. 119(1)(a)(v) amended 40/2012, ss. 2(1), 70(4), sch. 4, pt. 1, item 1(a)
S. 119(1)(a)(vi) inserted 12/2003, ss. 1(2), 35(1), sch. 1, pt. 10
S. 119(1)(a)(vii) deleted 40/2012, ss. 2(1), 70(4), sch. 4, pt. 1, item 1(b)
S. 119(1)(a)(vii) inserted 12/2003, ss. 1(2), 35(1), sch. 1, pt. 10
S. 119(5) repealed 26/2013, ss. 2, 4(1), sch. 1 pt. 1 item 3
S. 122 substituted 12/2003, ss. 1(2), 35(1), sch. 1, pt. 10
Sch. 2 pt. 1, para. (3) amended 24/2006, ss. 2, 28
Sch. 3 para. 1(1)(b) amended S.I. No. 495 of 2014, regs. 1(2), 32(a)(i)
Sch. 3 para. 1(3) amended S.I. No. 495 of 2014, regs. 1(2), 32(a)(ii), (iii)
Sch. 3 para. 1(4) amended S.I. No. 495 of 2014, regs. 1(2), 32(a)(iv)
Sch. 3 para. 1(6) amended S.I. No. 495 of 2014, regs. 1(2), 32(a)(v)
Sch. 3 para. 1(7) deleted w. saver S.I. No. 158 of 2014, regs. 156(f), 162
Sch. 3 para. 2(1) amended S.I. No. 495 of 2014, regs. 1(2), 32(b)(i)
Sch. 3 para. 2(3) amended S.I. No. 495 of 2014, regs. 1(2), 32(b)(ii)
Sch. 3 para. 2(4) amended S.I. No. 495 of 2014, regs. 1(2), 32(b)(iii)
Sch. 4 para. 1(1) amended S.I. No. 495 of 2014, regs. 1(2), 33(a)(i), 33(a)(ii)
Sch. 4 para. 1(1)(a) amended S.I. No. 495 of 2014, regs. 1(2), 33(a)(iii)
Sch. 4 para. 1(2) amended S.I. No. 495 of 2014, regs. 1(2), 33(a)(ii)
Sch. 4 para. 1(3) amended S.I. No. 495 of 2014, regs. 1(2), 33(a)(iv)
Sch. 4 para. 2 amended S.I. No. 495 of 2014, regs. 1(2), 33(b)(i)
Sch. 4 para. 2(7) amended S.I. No. 495 of 2014, regs. 1(2), 33(b)(ii)
Sch. 4 para. 2(8) amended S.I. No. 495 of 2014, regs. 1(2), 33(b)(ii)
Sch. 4 pt. 1 para. (3) substituted 21/2004, ss. 1(2), 10(2), sch. 1, pt. 3, para. 5
Sch. 5 repealed 21/2004, ss. 1(2), 10(2), sch. 1, pt. 3, para. 6

SIs made under the Act

SectionSIs made under the Act
S. 3 Building Societies (Savings Protection) Regulations 1990 (S.I. No. 108 of 1990)
S. 94 Building Societies (Savings Protection) Regulations 1990 (S.I. No. 108 of 1990)