{
  "url": "https://openlegislation.uk/building-societies-act-1986-accounts-and-related-transitional-provisions-order-1987/schedule-1/paragraph-4",
  "json_url": "https://openlegislation.uk/building-societies-act-1986-accounts-and-related-transitional-provisions-order-1987/schedule-1/paragraph-4.json",
  "legislation": "uksi/1987/395",
  "legislation_title": "The Building Societies Act 1986 (Accounts and Related Transitional Provisions) Order 1987",
  "legislation_url": "https://openlegislation.uk/building-societies-act-1986-accounts-and-related-transitional-provisions-order-1987",
  "path": "schedule/1/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "(1) Where, at the end of the financial year of a society ending after 31st May 1987, the liabilities of the society include liabilities in respect of non-retail funds and deposits, the relevant accounts of the society shall, subject to sub-paragraph (2) below, contain by way of note on the balance sheet the aggregate of the liabilities of the society in respect of non-retail funds and deposits at the end of that financial year.\n(2) The balance sheet of a society in its relevant accounts may include as items among the liabilities (in place of “Shares” and “Deposits and Loans”) “Retail shares” “Non-retail shares” “Retail deposits” and “Non-retail deposits” and, if those items are so included, the aggregate of the liabilities of the society in respect of non-retail funds and deposits shall not be required to be stated separately by way of note on the balance sheet.\n(3) For the purposes of sub-paragraph (2) above, “Retail shares” and “Retail deposits” represent respectively those shares and deposits which are not represented by non-retail funds and deposits, and “Non-retail shares” and “Non-retail deposits” represent respectively those shares and deposits which are so represented.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/395/schedule/1/paragraph/4",
    "retrieved_at": "2026-10-29T16:30:33.980472+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."
}