# The Building Societies (Accounts and Related Provisions) Regulations 1992, Regulation 2: Interpretation


(1) In these Regulations—
“the Act” means the Building Societies Act 1986;
“associated body” shall be taken as including bodies corporate given such a meaning by section 18 of the Act together with all bodies corporate in which such associated bodies hold shares or membership rights;
“associated undertaking” has the meaning given to that phrase by paragraph 20 of Schedule 4A to the Companies Act 1985;
“group” means a society and its subsidiary undertakings;
“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;
“particular account” means an income and expenditure account, a balance sheet, or a statement of the source and application of funds;
“subsidiary undertaking” means a subsidiary undertaking of a group accounts society with which the group accounts of the society are required by section 72 of the Act to deal;
“single accounts society” means a society which is not a group accounts society; and “society” means a building society.
(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.

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Source: https://www.legislation.gov.uk/uksi/1992/359/regulation/2 (the official version)
Page: https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1992/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.