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Department

Records of the Building Societies Commission

Catalogue reference: LN

What's it about?

LN

Comprises records of the Building Societies Commission relating to the regulation of building societies. Registered files of the Commission are in LN 1

Full description and record details

Reference

LN

Title
Records of the Building Societies Commission
Description

Comprises records of the Building Societies Commission relating to the regulation of building societies. Registered files of the Commission are in LN 1

Related material

For annual returns, rules and amendments to rules of building societies see Registry of Friendly Societies, Records relating to the Regulation of Building Societies, see also:

Legal status

Public Record(s)

Language

English

Creator(s)
Building Societies Commission, 1986-1986
Physical description

1 series

Access conditions

Records not yet transferred

Immediate source of acquisition

Registry of Friendly Societies

Subjects
Topics
Mutual societies
Construction industries
Custodial history

The secretariat for the Building Societies Commission is provided by the Registry of Friendly Societies.

Administrative / biographical background

The Building Societies Commission was set up in 1986, following the passing of the Building Societies Act 1986. Its functions were to promote the protection of depositors' and shareholders' investments, to promote financial stability of building societies generally, to ensure that the principal purpose of building societies should remain the raising of funds for making advances to members secured on land for residential use, to administer the operation of the Act, and to advise government on matters relating to building societies.

By the terms of the Financial Services and Markets Act 2000 (Mutual Societies) Order, SI 2001/2617 all regulation of the financial affairs of mutual societies was transferred to the Financial Services Authority, and the Building Societies Commission was abolished.

Record URL
https://beta.nationalarchives.gov.uk/catalogue/id/C322/

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Records of the Building Societies Commission

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