{
  "url": "https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-no-3-order-1993/schedule/paragraph-14",
  "json_url": "https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-no-3-order-1993/schedule/paragraph-14.json",
  "legislation": "uksi/1993/2706",
  "legislation_title": "The Building Societies (Designation of Qualifying Bodies) (No. 3) Order 1993",
  "legislation_url": "https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-no-3-order-1993",
  "path": "schedule/paragraph/14",
  "kind": "paragraph",
  "number": "14",
  "heading": "Other definitions",
  "text": "In this Schedule,\n“banking services” has the meaning which it bears in Schedule 8 to the Act;\n“equity share capital” has the meaning which it bears for the purposes of the Companies Act 1985 or the Companies (Northern Ireland) Order 1986;\n“estate agency work” has the meaning which it bears in the Estate Agents Act 1979;\n“facility account” has the meaning which it bears in the Building Societies (Limited Credit Facilities) Order 1987;\n“insurance services” has the meaning which it bears in Schedule 8 to the Act;\n“investment”, in respect of the expression “market maker”, means any asset, right or interest falling within any paragraph in Part I of Schedule 1 to the Financial Services Act 1986;\n“investment services” has the meaning which it bears in Schedule 8 to the Act;\n“land services” has the meaning which it bears in Schedule 8 to the Act;\n“market maker” means–\n(a) in relation to the United Kingdom, a market maker in securities of a particular kind,\n(b) in relation to any country or territory outside the United Kingdom, a person who holds himself out at all normal times as willing to buy and sell at a price specified by him investments of a particular kind which are traded on any exchange in that country or territory;\n“market maker in securities of a particular kind” means a person who, for the purposes of section 67(4) (depositary receipts) of the Finance Act 1986, is so described in section 69(7) (depositary receipts: supplementary) of that Act;\n“mortgage finance rights” has the meaning which it bears in Section A of Part II of Schedule 1 to the Building Societies (Commercial Assets and Services) Order 1988; “pension scheme” means–\n(a) a retirement benefits scheme within the meaning of, and which is approved or a candidate for approval by the Commissioners of Inland Revenue for the purposes of, Chapter I of Part XIV of the Income and Corporation Taxes Act 1988 (retirement benefit schemes), or\n(b) a personal pension scheme within the meaning of and which is approved or a candidate for approval by the Commissioners of Inland Revenue under, Chapter IV (personal pension schemes) of that Part of that Act;\n“relevant investment business” means investment business relating to investments falling within–\n(a) any paragraph other than paragraph 10 (long term insurance contracts) or 11 (rights and interests in investments) of Part I of Schedule 1 to the Financial Services Act 1986, or\n(b) paragraph 11 of that Part of that Schedule so far as it is not related to paragraph 10 of that Part of that Schedule; and\n“subsidiary” and “subsidiary undertaking” have the meanings which they respectively bear in section 119 of the Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Schedule 8 to the Act was substituted by S.I. 1988/1141 and subsequently amended by S.I. 1989/839 and S.I. 1992/509."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "1985 c. 6."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "S.I. 1986/1032 (N.I. 6)."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "1979 c. 38; section 1 was amended by the Law Reform (Miscellaneous Provisions) (Scotland) Act 1985 (c. 73), Schedule 1, Part I, paragraph 40."
    },
    {
      "type": "footnote",
      "label": "f5",
      "text": "S.I. 1987/1975, amended by S.I. 1988/1141 and S.I. 1989/730."
    },
    {
      "type": "footnote",
      "label": "f6",
      "text": "1986 c. 60."
    },
    {
      "type": "footnote",
      "label": "f7",
      "text": "1986 c. 41."
    },
    {
      "type": "footnote",
      "label": "f8",
      "text": "S.I. 1988/1141."
    },
    {
      "type": "footnote",
      "label": "f9",
      "text": "1988 c. 1."
    },
    {
      "type": "footnote",
      "label": "f10",
      "text": "1986 c. 60; Schedule 1 was amended by S.I. 1988/318, 496, 803; and the Broadcasting Act 1990 c. 42, Schedule 20."
    },
    {
      "type": "footnote",
      "label": "f11",
      "text": "Section 119 of the Act was amended by S.I. 1991/1729."
    }
  ],
  "outstanding_effects": [
    {
      "type": "amended",
      "affecting": "uksi/1995/1188",
      "affecting_title": "The Building Societies (Designation of Qualifying Bodies) Order 1995"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1993/2706/schedule/paragraph/14",
    "retrieved_at": "2026-10-29T13:47:51.304679+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."
}