OpenLegislation

Paragraph 14

Original text. Later amendments are not shown.

Liability item 16(a) in Part I and Liability item 17(a) in Part II of this Schedule shall include any deferred shares which may be aggregated with reserves for the purposes of the first criterion of section 45(3) of the Act under the Building Societies (Designated Capital Resources) (Deferred Shares) Order 1989f1.

Annotations

Footnotes

f1

S.I. 1989/208. This Order was revoked by S.I. 1991/702 but the right of certain shares to be aggregated was retained by Article 3 of the revoking Order.