With the extension of activities by banks and building societies,
it is now difficult to demarcate between them. The differences that
do still exist are largely due to the historical development of
building societies and the purposes for which they were
established. Many of the restrictions imposed on building societies
have now been removed, but many prefer the freedom afforded to
banks and have sought to register themselves under the Banking Act
1987. This book examines the law relating to banks and building
societies, highlighting the differences in the regulation process
and activities of the two institutions. It takes a close look at
the extent to which they are both governed by the same systems of
law, particularly in respect of banker and customer relationships.
General
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