{
  "url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1998/regulation-2",
  "json_url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1998/regulation-2.json",
  "legislation": "uksi/1998/504",
  "legislation_title": "The Building Societies (Accounts and Related Provisions) Regulations 1998",
  "legislation_url": "https://openlegislation.uk/building-societies-accounts-and-related-provisions-regulations-1998",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "In these Regulations—\n“the Act” means the Building Societies Act 1986;\n“group” means a society and its subsidiary undertakings;\n“group accounts society” means a society the directors of which are obliged by section 72E of the Act (duty to prepare group accounts) to prepare group accounts;\n“particular account” means an income and expenditure account or a balance sheet;\n“subsidiary undertaking” means a subsidiary undertaking of a group accounts society with which the group accounts of the society are required by section 72E of the Act to deal;\n“single accounts society” means a society which is not a group accounts society;\n“society” means a building society; and\n“undertaking” has the meaning given to that word in section 1161(1) of the Companies Act 2006.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 2 substituted (31.12.2004 with application in accordance with reg. 1(2) of the amending S.I.) by The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 2004 (S.I. 2004/3199), reg. 1(1), Sch. para. 2(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in reg. 2 substituted (23.3.1999) by The Building Societies (Contents of Accounts) Regulations 1999 (S.I. 1999/248), reg. 1, Sch. para. 7 (with reg. 4)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in reg. 2 substituted (31.12.2004 with application in accordance with reg. 1(2) of the amending S.I.) by The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 2004 (S.I. 2004/3199), reg. 1(1), Sch. para. 2(b)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in reg. 2 substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 9(2)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 2 in force at 27.3.1998, see reg. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1998/504/regulation/2",
    "retrieved_at": "2026-10-29T11:36:28.086103+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."
}