# The Building Societies (Designation of Qualifying Bodies) (No. 2) Order 1992, Part I: DESCRIPTION OF BODY CORPORATE DESIGNATE


Item
Column 1 Specified description
Column 2 Specified definition
Column 3 Specified relevant power
Column 4 Specified purposes
Column 5 Specified condition
1.
Appropriate holding vehicle
A specified type of body corporate (not being one excluded by the particular restrictions for appropriate holding vehicles) which is a wholly-owned subsidiary of the society and formed for the purposes of, or the objects of which include, investment and support in one or more corporate bodies which the society has power to invest in and support, or support.
Investment and support
Enabling the appropriate vehicle to carry on the activities of investment and support referred to in column 2 of this item.
The group interest provision.

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Source: https://www.legislation.gov.uk/uksi/1992/650/schedule/part/I (the official version)
Page: https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-no-2-order-1992/schedule/part-I
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.