# The Building Societies (Jersey) Order 1987, Paragraph 7


The relevant form of security may only be taken for an advance under section 14 of the Act in circumstances in which the advance is classifiable as a class 1 advance under paragraph 3 above or a class 2 advance under paragraph 4 above.

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Source: https://www.legislation.gov.uk/uksi/1987/1872/schedule/1/paragraph/7 (the official version)
Page: https://openlegislation.uk/building-societies-jersey-order-1987/schedule-1/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.