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Essay text:
Other societies have been swallowed up in take-overs or converted into banks in the great 1997 demutualisation.
This assignment will discuss this trend with particular reference to the potential costs and benefits in the short and long term. This assignment will examine the costs and benefits to the building societies as well as those to the members and staff.
The Costs and Benefits to the Building Society
Conversion to plc status is seen as having the major advantage that there would be freedom from the limitations imposed by the Building Societies Act 1986, 1997 the statutory framework for the Building Society industry...
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