{
  "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992",
  "json_url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992.json",
  "id": "uksi/1992/1611",
  "title": "The Building Societies (Designated Capital Resources) Order 1992",
  "short_title": "Building Societies (Designated Capital Resources) 1992",
  "long_title": "This Order specifies that various resources of a building society which appear in its annual accounts or accounting records are to be treated as capital resources to be aggregated with reserves for the purpose of the first criterion of prudent management (maintenance of adequate reserves and other designated capital resources) under section 45(3) of the Building Societies Act 1986. The resources designated by this Order are verified interim profit, internally audited interim profit, revaluation reserves and general provisions for bad debt.",
  "citation": "S.I. 1992/1611",
  "type": "uksi",
  "year": "1992",
  "number": "1611",
  "version": "current",
  "date": "1992-07-02",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 4,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Title and commencement",
      "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/article-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Interpretation",
      "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/article-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Specification of verified interim profit",
      "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/article-3",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Specification of internally audited interim profit",
      "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/article-4",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "Specification of revaluation reserve",
      "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/article-5",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/6",
      "kind": "article",
      "number": "6",
      "heading": "Specification of general provisions for bad debt",
      "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/article-6",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/7",
      "kind": "article",
      "number": "7",
      "heading": "Limit on aggregation",
      "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/article-7",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "has_text": true,
  "pdfs": [],
  "outstanding_effects": [
    {
      "type": "added",
      "affected_provisions": "art.2 (defn of undated loan capital)",
      "affecting": "uksi/1994/750",
      "affecting_title": "The Building Societies (Designated Capital Resources) (Amendment) Order 1994",
      "affecting_provisions": "art.2(a)"
    },
    {
      "type": "amended",
      "affected_provisions": "art.7",
      "affecting": "uksi/1994/750",
      "affecting_title": "The Building Societies (Designated Capital Resources) (Amendment) Order 1994",
      "affecting_provisions": "art.2(b)"
    },
    {
      "type": "revoked",
      "affected_provisions": "art.4",
      "affecting": "uksi/1996/2989",
      "affecting_title": "The Building Societies (Designated Capital Resources) (Amendment) Order 1996",
      "affecting_provisions": "art.2(a)"
    },
    {
      "type": "rev.in pt.",
      "affected_provisions": "art.7C1)",
      "affecting": "uksi/1996/2989",
      "affecting_title": "The Building Societies (Designated Capital Resources) (Amendment) Order 1996",
      "affecting_provisions": "art.2(b)"
    }
  ],
  "made_under": [
    {
      "id": "ukpga/1986/53",
      "title": "Building Societies Act 1986",
      "url": "https://openlegislation.uk/building-societies-act-1986",
      "provisions": [
        "section/45"
      ]
    }
  ],
  "changes_made_to": 4,
  "changes_made_to_url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/changes.json",
  "changes_made_by": 0,
  "changes_made_by_url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/1611",
    "retrieved_at": "2026-10-29T14:20:02.016076+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}