Housing (Miscellaneous Provisions) Act 1992

Amendment of section 29 of Building Societies Act, 1989.

30

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.”.