Finance Act, 1990

Reorganisation of trustee savings banks into companies.

60.—The provisions of the Fourth Schedule shall apply to the reorganisation—

(a) of one or more trustee savings banks into a company, or

(b) of a company referred to in subparagraph (i) of subsection (3) (c) of section 57 of the Trustee Savings Banks Act, 1989 , into a company referred to in subparagraph (ii) of that subsection,

in accordance with the provisions of the said section 57.