{
  "url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/article-3",
  "json_url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992/article-3.json",
  "legislation": "uksi/1992/1611",
  "legislation_title": "The Building Societies (Designated Capital Resources) Order 1992",
  "legislation_url": "https://openlegislation.uk/building-societies-designated-capital-resources-order-1992",
  "path": "article/3",
  "kind": "article",
  "number": "3",
  "heading": "Specification of verified interim profit",
  "text": "(1) The amount of any profit for the period since the latest balance sheet of a society shown in the accounting records of the society for the time being which profit is adequately verified is specified as verified interim profit of that society to be aggregated with its reserves for the purpose of the first criterion in section 45(3) of the Act.\n(2) For the purposes of paragraph (1) above, profit is adequately verified where the auditors of the society state that nothing has come to their attention to indicate that it does not fairly state the profit of the society for the period since the latest balance sheet of the society.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/1611/article/3",
    "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."
}