Article 2 Interpretation

In this Order, except where the context otherwise requires—

• “the Act” means the Building Societies Act 1986,

• “the Board” means the body known as The Securities and Investments Board which is a designated agency for the purposes of, and a transferee body for the purposes of Schedule 11 (friendly societies) to, the Financial Services Act 1986^f1,

• “recognised self-regulating organisation” has the meaning which it bears for the purposes of the Financial Services Act 1986, and

• “recognised self-regulating organisation for friendly societies” has the meaning which it bears for the purposes of Schedule 11 to the Financial Services Act 1986.