HC Deb 30 March 1981 vol 2 c25W
Mr. Weetch

asked the Chancellor of the Exchequer if he will consider amending the Building Societies Act 1962 so that building society boards of directors cannot use their society's funds to further their own interests by circulating comments about election candidates or members' resolutions without giving similar facilities to other members who are candidates who have proposed resolutions, in view of the mutual status of registered building societies.

Mr. Lawson

I have no evidence which suggests that such an amendment is necessary or desirable.