The Law Reports (Chancery Division)
[1997] Ch 255
BUILDING SOCIETIES COMMISSION
v.
HALIFAX BUILDING SOCIETY
And Another
[Ch. 1995 B. No. 1516]
1995 March 20,
21;
28
Chadwick J.
Building Society
— Transfer of business
— Transfer to specially formed company
— Allocation of fixed number of free shares to members regardless of duration of membership
— Whether allocation to members of less than two years' standing lawful
— Whether made to “other subscribers”
—
Building Societies Act 1986 (c. 53), s. 100(8)