Treasury is consulting on amendments to the Building Societies (Funding) and Mutual Societies (Transfers) Act 2007. It wants to amend the Act to allow building societies to borrow more of their funding from the wholesale markets. It also wants members' shares to rank equally with creditors if the building society becomes insolvent. Finally, it proposes to make it easier for a mutual society to transfer its business to a subsidiary of another mutual society. Treasury wants comments by 28 October.