# The Building Societies (Commercial Assets and Services) Order 1988, Paragraph 2


In this Part of this Schedule “residual mortgage debts”, in relation to a society, means mortgage debts which arose from lending by the society and the right to be paid which has become vested in a person other than the society.

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Source: https://www.legislation.gov.uk/uksi/1988/1141/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/building-societies-commercial-assets-and-services-order-1988/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.