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The Building Societies (Commercial Assets) Order 1995
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Aggregation of relevant debts and permitted investments
5. For the purposes of section 20 of the Act (commercial asset structure requirements for building societies)—
(a)the aggregate value of a relevant debt within the meaning of article 3 above shall comprise the aggregate of the amounts outstanding in respect of—
(i)the principal amount of the debt,
(ii)any interest on that principal amount, and
(iii)any other amounts required to be paid to the society under the terms of the loan or other arrangement under which the debt is owed; and
(b)the aggregate value of a permitted investment within the meaning of article 3 above shall be determined in accordance with subsection (8) of that section.
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