{
  "url": "https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-amendment-order-1989/schedule/paragraph-1",
  "json_url": "https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-amendment-order-1989/schedule/paragraph-1.json",
  "legislation": "uksi/1989/215",
  "legislation_title": "The Building Societies (Designation of Qualifying Bodies) (Amendment) Order 1989",
  "legislation_url": "https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-amendment-order-1989",
  "path": "schedule/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "To Part I of the Schedule (bodies corporate, and descriptions of bodies corporate, designated) there shall be added after the item numbered 18 an item numbered “19” comprising the following entries in the columns of that Part–\n(a) in column 1 (specified name or description),\n“Appropriate mortgage company”,\n(b) in column 2 (specified registration number or definition),\n“A company limited by shares (not being one excluded by the particular restrictions for appropriate mortgage companies) which is a one tier organisation formed for the purpose of, or the objects of which include, the carrying on of one or both of the following activities–\n(a) acquiring, holding and disposing of debts which are secured on land in the United Kingdom or in any country or territory for the time being designated by order under section 14 (power to make advances secured on land overseas) of the Act; and\n(b) lending money on the security of such land.”,\n(c) in column 3 (specified relevant power),\n“Investment and support.”,\n(d) in column 4 (specified purposes (if any)),\n“Enabling the company to carry on the activities referred to in (and not excluded by) column 2 of this item (notwithstanding that the lending of money to members of the public on the security of land by loans corresponding to advances secured on land may be carried on in connection with those activities).”, and\n(e) in column 5 (specified limits and conditions (if any)),\n“The mortgage business certification condition for appropriate mortgage companies.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1989/215/schedule/paragraph/1",
    "retrieved_at": "2026-10-29T15:49:55.750552+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."
}