{
  "url": "https://openlegislation.uk/building-societies-act-1997/schedule-7/paragraph-60",
  "json_url": "https://openlegislation.uk/building-societies-act-1997/schedule-7/paragraph-60.json",
  "legislation": "ukpga/1997/32",
  "legislation_title": "Building Societies Act 1997",
  "legislation_url": "https://openlegislation.uk/building-societies-act-1997",
  "path": "schedule/7/paragraph/60",
  "kind": "paragraph",
  "number": "60",
  "heading": null,
  "text": "(1) In paragraphs 1 to 8 of Schedule 10 to the 1986 Act (requisite particulars of income of related business), for the words “management services”, in each place where they occur, there shall be substituted the words “ administrative services ”.\n(2) In paragraphs 1, 2, 5 and 6 of that Schedule—\n(a) for the words “an advance”, in each place where they occur, there shall be substituted the words “ a loan ”; and\n(b) the words “under section 6, 10, 17 or 19” shall cease to have effect.\n(3) In paragraphs 4 and 8 of that Schedule, for the word “advances” there shall be substituted the word “ loans ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 7 para. 60 partly in force; Sch. 7 para. 60 not in force at Royal Assent see s. 47(3); Sch. 7 para. 60(1) in force at 9.6.1997 by S.I. 1997/1427, art. 2; Sch. 7 para. 60(2)(3) in force at 1.12.1997 by S.I. 1997/2668, art. 2, Sch. Pt. II (subject as mentioned in art. 2(2)-(5) of that S.I.)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1997/32/schedule/7/paragraph/60",
    "retrieved_at": "2026-10-29T09:25:53.774631+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."
}