# The Building Societies Act 1986 (Accounts and Related Transitional Provisions) Order 1987, Paragraph 4


In Part 5 (mortgages)—
(a) in Section A, the percentages in item 2 are not required to be stated; and
(b) in the case of a financial year of a society which has made, in respect of that financial year, the election in Article 6(2) of the previous Order (dealing with special advances)—
(i) there shall be added above item 1 in Section E an overall sub-heading stating: “This Section, on account of the society’s election under Article 6(2) of the Building Societies Act 1986 (Rules and Miscellaneous Transitional Provisions) Order 1986, treats as the financial year the period beginning with the first day of the financial year and ending on 31st December 1986” and Section E shall be completed in relation to that period and not in relation to the entire financial year; and
(ii) there shall be added, immediately below Section E, a statement of the total amount advanced during that period by the society on the security of freehold or leasehold estate.

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Source: https://www.legislation.gov.uk/uksi/1987/395/schedule/2/paragraph/4 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986-accounts-and-related-transitional-provisions-order-1987/schedule-2/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.