# The Building Societies (Commercial Assets and Services) Order 1988, Paragraph 5


For section 16(17) the following subsection shall be substituted:
“(17) In this section—
“facility limit” has the meaning which it bears in the Building Societies (Limited Credit Facilities) Order 1987; and
“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/3/paragraph/5 (the official version)
Page: https://openlegislation.uk/building-societies-commercial-assets-and-services-order-1988/schedule-3/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.