# The Building Societies (Banking Institutions) Order 1987, Note: Explanatory note


(This note is not part of the Order)
This Order amends provisions of legislation relating to building societies by replacing references to bodies which were recognised banks and licensed institutions under the Banking Act 1979 (c. 37) by references to authorised institutions under the Banking Act 1987 (which among other things gives deemed authorisation to those bodies).

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Source: https://www.legislation.gov.uk/uksi/1987/1670/note (the official version)
Page: https://openlegislation.uk/building-societies-banking-institutions-order-1987/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.