{
  "url": "https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-amendment-order-1990/note",
  "json_url": "https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-amendment-order-1990/note.json",
  "legislation": "uksi/1990/351",
  "legislation_title": "The Building Societies (Designation of Qualifying Bodies) (Amendment) Order 1990",
  "legislation_url": "https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-amendment-order-1990",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order amends the Building Societies (Designation of Qualifying Bodies) Order 1988, which designates corporate bodies and types of corporate body as suitable for investment and support or for support by building societies under section 18 of the Building Societies Act 1986.\nArticle 3 of the Order designates the Society for Worldwide Interbank Financial Telecommunication SC, for the purposes of section 18, as a body corporate suitable for investment and support by a building society, or for support in the absence of investment (article 3 at (c)). Investment is defined by section 18 of the Act as acquiring and holding shares in and forming, or taking part in forming, bodies corporate. Support is defined by that section as the provision of loans, grants, guarantees, services or property to bodies corporate.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1990/351/note",
    "retrieved_at": "2026-10-29T15:26:51.664781+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."
}