# The Building Societies (Designation of Qualifying Bodies) Order 1993, Paragraph 5: Meaning of activities in the range from which a society is restricted


For the purposes of paragraph 4(2)(c) above an activity of a body corporate is an activity in the range from which a society is restricted where it is an activity which the society could not undertake by reason of the fact that—
(a) it has not adopted a particular adoptable power, whether because the power is not available to it or for any other reason, or
(b) the activity would be in contravention of a restriction upon the extent of a power the society has adopted being either a restriction derived from the Act or any instrument under the Act or a restriction assumed by the society.

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Source: https://www.legislation.gov.uk/uksi/1993/985/schedule/1/paragraph/5 (the official version)
Page: https://openlegislation.uk/building-societies-designation-of-qualifying-bodies-order-1993/schedule-1/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.