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Regulation 2 Interpretation

Original text. Later amendments are not shown.

In these Regulations—

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

  • “the accounting year 1997—98” means the period of 12 months ending on 31st March 1998;

  • “amalgamation” means an amalgamation under section 93 of the Act;

  • “operative date” means the date on which these Regulations come into force;

  • “registered”, in relation to any time, means having the status of a society registered or deemed to be registered under the Act at that time;

  • “the relevant year” means the period of 12 months ending on 31st December 1996;

  • “society” means a building society; and

  • “transfer of engagements” means a transfer of engagements under section 94 of the Act.