Article 2 Amendment of previous Order
The Building Societies (Designated Capital Resources) Order 1992f1 shall have effect subject to the following amendments–
(a)
in Article 2 (interpretation) there shall be inserted at the end the following definition–
““undated loan capital” has the meaning ascribed to it in the Building Societies (Undated Subordinated Debt) Order 1994f2.” and
(b)
in Article 7 (limit on aggregation) after “revaluation reserve” in both places where that term appears, there shall be inserted the words “undated loan capital”.