{
  "url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1987/regulation-2",
  "json_url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1987/regulation-2.json",
  "legislation": "uksi/1987/2072",
  "legislation_title": "The Building Societies (Accounts and Related Provisions) Regulations 1987",
  "legislation_url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1987",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "(1) In these Regulations—\n“the Act” means the Building Societies Act 1986;\n“group accounts society” means a society the directors of which are obliged by section 72 of the Act (duty of directors to prepare annual accounts) to prepare group accounts;\n“particular account” means an income and expenditure account, a balance sheet, or a statement of the source and application of funds;\n“relevant subsidiary” means a subsidiary of a group accounts society with which the group accounts of the society are required by section 72 of the Act to deal;\n“single accounts society” means a society which is not a group accounts society; and\n“society” means a building society.\n(2) Nothing in these Regulations shall be taken to imply that the carrying on by a society of any activity provision for the recording of which is contained in these Regulations is, by virtue of that provision, within the powers of that society.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/2072/regulation/2",
    "retrieved_at": "2026-10-29T16:16:29.421538+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."
}