The Building Societies (Designation of Qualifying Bodies) (No.2) Order 1991

Interpretation

2.  In this Order, except where the context otherwise requires—

“the Act” means the Building Societies Act 1986;

“appropriate vehicle” means a body corporate of a description specified in column I of Part I of the Schedule to this Order;

“the relevant power”, in relation to an appropriate vehicle, means the power for the exercise of which, is specified in column 3 of Part I of the Schedule to this Order, that appropriate vehicle is designated as suitable; and

“society” means a building society.