9. Section 45 (effect of floating charges on winding up) has effect as if—
(a)subsections (2), (6)(a) and (8) were omitted; and
(b)for subsection (7) there were substituted—
“(7) For the purposes of this section a building society goes into liquidation if—
(a)it goes into liquidation within the meaning of section 247(2) of the Insolvency Act 1986; or
(b)the court makes a building society insolvency order in relation to it under section 94 of the Banking Act 2009 (as applied by section 90C of the Building Societies Act 1986) at a time when it has not already gone into liquidation by passing a special resolution for voluntary winding up under section 88 of the Building Societies Act 1986).”.