{
  "url": "https://openlegislation.uk/building-societies-guernsey-and-alderney-order-1988/schedule-1/paragraph-1",
  "json_url": "https://openlegislation.uk/building-societies-guernsey-and-alderney-order-1988/schedule-1/paragraph-1.json",
  "legislation": "uksi/1988/1394",
  "legislation_title": "The Building Societies (Guernsey and Alderney) Order 1988",
  "legislation_url": "https://openlegislation.uk/building-societies-guernsey-and-alderney-order-1988",
  "path": "schedule/1/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "The form of security which may be taken for an advance under section 14 of the Act in relation to the specified territory is the form (known there as a bond)—\n(a) acknowledging a mortgage debt and obliging the borrower to pay it, and\n(b) securing payment of that mortgage debt on land in the specified territory,\nin respect of which the following provisions of this Schedule are satisfied.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/1394/schedule/1/paragraph/1",
    "retrieved_at": "2026-10-29T16:01:01.217031+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."
}