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The Building Societies (Designation of Qualifying Bodies) (No. 4) Order 1992
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PART IDESCRIPTIONS OF BODIES CORPORATE, DESIGNATED
| 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|
| Specified description | Specified definition | Specified relevant power | Specified purposes | Specified limits and conditions |
1. Appropriate European financial service vehicle | A specified type of body corporate (not being one excluded by the particular restrictions for European financial service vehicles) formed for the purposes of, or the objects of which include, the carrying on of investment business in any member State and/or in any country or territory listed in paragraph 2(iii) of Part II of the Schedule hereto. | (1) Where the appropriate European financial service vehicleis a one tier organisation, investment and support or support. (2) Otherwise investment and support. | (1) Enabling the appropriate European financial service vehicle to carry on relevant investment business. (2) Facilitating the provision of investment services by the society or any associated body of the society. | (1) The standard asset provision. (2) The group interest provision. |
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