Housing (Miscellaneous Provisions) Act, 1992

Amendment of section 29 of Building Societies Act, 1989.

30.Section 29 of the Building Societies Act, 1989 , is hereby amended by the substitution for subsection (3) of the following:

“(3) Subject to section 30, a society shall not, save where it acts as an insurance intermediary within the meaning of the Insurance Act, 1989 , carry on insurance business otherwise than by a subsidiary or other associated body of the society.”.