# The Building Societies (Commercial Assets and Services) Order 1988, Paragraph 3


In section 15(12), after the definition of “facility limit”, the following definition shall be inserted:
““leasable chattels”, “bailed” and “leasing agreement” have the meanings which they respectively bear in Part III of Schedule 1 to the Building Societies (Commercial Assets and Services) Order 1988 and “cost”, in respect of any leasable chattel bailed by a building society, means the price at which it was acquired by the society;”.

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Source: https://www.legislation.gov.uk/uksi/1988/1141/schedule/2/paragraph/3 (the official version)
Page: https://openlegislation.uk/building-societies-commercial-assets-and-services-order-1988/schedule-2/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.