{
  "url": "https://openlegislation.uk/building-societies-designation-of-pension-companies-order-1987/note",
  "json_url": "https://openlegislation.uk/building-societies-designation-of-pension-companies-order-1987/note.json",
  "legislation": "uksi/1987/1871",
  "legislation_title": "The Building Societies (Designation of Pension Companies) Order 1987",
  "legislation_url": "https://openlegislation.uk/building-societies-designation-of-pension-companies-order-1987",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order designates companies acting as trustees in respect of pension schemes as bodies corporate which building societies may invest in (for example by acquiring shares) and for which they may provide supporting services. The purpose of investment and support of such a company must be to enable it to act as trustee of pension schemes which do not require the placing of any funds within the scheme with a building society of which the company is a subsidiary.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/1871/note",
    "retrieved_at": "2026-10-29T16:18:43.506844+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."
}