{
  "url": "https://openlegislation.uk/banking-act-1987-advertisements-regulations-1988/regulation-5",
  "json_url": "https://openlegislation.uk/banking-act-1987-advertisements-regulations-1988/regulation-5.json",
  "legislation": "uksi/1988/645",
  "legislation_title": "The Banking Act 1987 (Advertisements) Regulations 1988",
  "legislation_url": "https://openlegislation.uk/banking-act-1987-advertisements-regulations-1988",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Assets and liabilities",
  "text": "(1) Every controlled advertisement shall state the amount of the paid-up capital and reserves, described as such, of the deposit-taker (if a body corporate) or the amount of the total assets less liabilities, described as such, of the deposit-taker (if a person other than a body corporate).\n(2) Where a controlled advertisement contains any reference to the amount of the assets of the deposit-taker it shall state with equal prominence the amount of the deposit-taker’s liabilities, described as such.\n(3) Paragraphs (1) and (2) of this regulation shall be treated as complied with if the advertisement states that the amount of any assets or paid-up capital and reserves required to be stated exceeds an amount specified in the advertisement or that the amount of any liabilities required to be stated does not exceed an amount so specified.\n(4) A controlled advertisement shall not contain any reference to the assets or liabilities of any person other than the deposit-taker.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/645/regulation/5",
    "retrieved_at": "2026-10-29T16:08:24.013996+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}