# The Building Societies (Accounts and Related Provisions) Regulations 1987, Paragraph 11


(1) In Liability item 9 of Part I above and 10 of Part II above—
(a) in “Amounts owed to banks” there shall be included liabilities to which subsection (4)(bb) of section 7 of the Act applies (or, where in Part II above the liability is that of a relevant subsidiary, would apply were that relevant subsidiary the society);
(b) in “Time deposits” there shall be included liabilities to which subsection (4)(b) of that section applies (or, where in Part II above the liability is that of a relevant subsidiary, would apply were that relevant subsidiary the society);
(c) in item 9(c), (d) and (e) of Part I above and 10(c), (d) and (e) of Part II above there shall be included liabilities to which subsection (4)(a) and (aa) of that section applies (or, where in Part II above the liability is that of a relevant subsidiary, would apply were that relevant subsidiary the society).
(2) For the purpose of those Liability items—
(a) “certificate of deposit” and “floating rate note” have the respective meanings which they have in the Building Societies (Liquid Asset) Regulations 1987, and
(b) “fixed rate note” means a note which embodies a right, transferable to any person by delivery or by a method specified in the note, to receive a principal sum and interest at a rate which is fixed as specified in the note.

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Source: https://www.legislation.gov.uk/uksi/1987/2072/schedule/2/part/III/paragraph/11 (the official version)
Page: https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1987/schedule-2/part-III/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.