# The Building Societies (EFTA States) Order 1994, Article 2: Interpretation


(1) In this Order, except where the context otherwise requires—
“the Act” means the Building Societies Act 1986;
“EFTA State” means any of Austria, Finland, Iceland, Liechtenstein, Norway, Sweden and Switzerland.;
“relevant provision” means a provision of the Act which applies in relation to advances secured on land;
“society” means a building society;
“specified advance” means an advance which a society may make by virtue of this Order;
“specified country” means an EFTA State, and “specified countrie” shall be construed accordingly; and
“specified security” means the form of security to which paragraph 1 of Schedule 1 to this Order refers.
(2) For the purposes of this Order, a provision of the Act which applies in relation to advances fully secured on land shall be treated as one which applies in relation to advances secured on land.

---
Source: https://www.legislation.gov.uk/uksi/1994/655/article/2 (the official version)
Page: https://openlegislation.uk/building-societies-efta-states-order-1994/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

