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Article 2 Interpretation

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In this Order—

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

  • “facility account”, “facility account holder”, “facility agreement” and “facility debt” have the meanings respectively given to them in Article 3(2) below;

  • “facility limit” has the meaning given to it in Article 6(1) below; and

  • “society” means a building society.