Article 2 Interpretation

In this Order, except where the context otherwise requires—

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

• “the 1990 Order” means the Building Societies (Designation of Qualifying Bodies) Order 1990^f1;

• “appropriate vehicle” means a body corporate of a description specified in column 1 of Part I of the Schedule to this Order or a particular body designated, or a body corporate of description designated, by Order under section 18 of the Act;

• “the relevant power”, in relation to an appropriate vehicle, means the power for the exercise of which, as specified in column 3 of Part I of the Schedule to this Order, that appropriate vehicle is designated as suitable; and

• “society” means a building society.