[Funding] The Building Societies (Funding) and Mutual Societies (Transfers) Act 2007 (sometimes referred to as the Butterfill Act) is an Act of the Parliament of the United Kingdom. The Act gives building societies greater powers to merge with other companies. ==Passage through Parliament== The Bill was introduced as a Private Members` Bill...
Found on
http://en.wikipedia.org/wiki/Building_Societies_(Funding)_and_Mutual_Societ
Financial institutions which offer a range of services but which specialise in providing loans (mortgages) for house purchase. Building Societies have mutual status and the deregulation of the financial sector in the mid 1980s has led to many of them converting into PLCs, losing their mutual status.
Found on
http://www.encyclo.co.uk/local/20140
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