Search Legislation

The Building Societies (Designated Capital Resources) Order 1992

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
 Help about opening options

Opening Options

More Resources

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Specification of verified interim profit

3.—(1) The amount of any profit for the period since the latest balance sheet of a society shown in the accounting records of the society for the time being which profit is adequately verified is specified as verified interim profit of that society to be aggregated with its reserves for the purpose of the first criterion in section 45(3) of the Act.

(2) For the purposes of paragraph (1) above, profit is adequately verified where the auditors of the society state that nothing has come to their attention to indicate that it does not fairly state the profit of the society for the period since the latest balance sheet of the society.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources